YEARLY HIGH
0.9645 MVR
YEARLY LOW
0.8620 MVR
YEARLY AVERAGE
0.9193 MVR

2019 EGP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EGP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.9645. Conversely, the yearly low was recorded on January 13, dropping to 0.8620.

This high-to-low spread represents a total annual volatility of 0.1025 MVR. From a start-to-finish perspective, comparing the January average rate of 0.8662 to the December average rate of 0.9601, the exchange rate registered a net change of 10.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9645 was up 9.66% compared to the 2018 peak of 0.8795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 4,822 MVR
2018 Average 4,336 MVR
Yearly Trough Low 4,310 MVR
Transaction Impact: A difference of 512.59 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9695
0.8568
JanuMarcMayJulySeptNove

EGP to MVR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8934, compared to 0.9451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0517 points.

H1 Avg (Jan–Jun) 0.8934
H2 Avg (Jul–Dec) 0.9451

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0327 MVR (High: 0.9278 / Low: 0.8951). On the other end, February was the most stable month, with a tight range of 0.0083 MVR (High: 0.8829 / Low: 0.8746).

May Spread (Volatile) ±0.0327
February Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.9601) against the same month in 2018 (average: 0.8629), the exchange rate shifted by +0.0972 (+11.27%).

2019 Avg (December) 0.9601
2018 Avg (December) 0.8629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8796 0.8620 0.8662
February 0.8829 0.8746 0.8798
March 0.8988 0.8824 0.8897
April 0.9021 0.8871 0.8944
May 0.9278 0.8951 0.9059
June 0.9307 0.9176 0.9246
July 0.9331 0.9233 0.9301
August 0.9407 0.9288 0.9337
September 0.9472 0.9306 0.9406
October 0.9579 0.9414 0.9495
November 0.9603 0.9518 0.9567
December 0.9645 0.9552 0.9601