YEARLY HIGH
0.9999 MVR
YEARLY LOW
0.9512 MVR
YEARLY AVERAGE
0.9759 MVR

2020 EGP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.9999. Conversely, the yearly low was recorded on June 4, dropping to 0.9512.

This high-to-low spread represents a total annual volatility of 0.0486 MVR. From a start-to-finish perspective, comparing the January average rate of 0.9721 to the December average rate of 0.9824, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9999 was up 3.67% compared to the 2019 peak of 0.9645, 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 4,999 MVR
2019 Average 4,598 MVR
Yearly Trough Low 4,756 MVR
Transaction Impact: A difference of 243.16 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9883
0.9523
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 0.9763, compared to 0.9755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.9763
H2 Avg (Jul–Dec) 0.9755

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0230 MVR (High: 0.9971 / Low: 0.9741). On the other end, October was the most stable month, with a tight range of 0.0062 MVR (High: 0.9839 / Low: 0.9777).

May Spread (Volatile) ±0.0230
October Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0266 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.9849) against the same month in 2019 (average: 0.8897), the exchange rate shifted by +0.0951 (+10.69%).

2020 Avg (March) 0.9849
2019 Avg (March) 0.8897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9795 0.9611 0.9721
February 0.9928 0.9767 0.9853
March 0.9999 0.9772 0.9849
April 0.9811 0.9748 0.9780
May 0.9971 0.9741 0.9819
June 0.9727 0.9512 0.9553
July 0.9665 0.9549 0.9623
August 0.9722 0.9610 0.9668
September 0.9794 0.9709 0.9764
October 0.9839 0.9777 0.9807
November 0.9887 0.9787 0.9842
December 0.9888 0.9767 0.9824