YEARLY HIGH
0.3802 EGP
YEARLY LOW
0.3582 EGP
YEARLY AVERAGE
0.3704 EGP

2018 GMD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 0.3802. Conversely, the yearly low was recorded on November 17, dropping to 0.3582.

This high-to-low spread represents a total annual volatility of 0.0221 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3688 to the December average rate of 0.3621, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3802 was down 12.56% compared to the 2017 peak of 0.4349, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,901 EGP
2017 Average 1,948 EGP
Yearly Trough Low 1,791 EGP
Transaction Impact: A difference of 110.26 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3803
0.3594
JanuMarcMayJulySeptNove

GMD to EGP 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 0.3741, compared to 0.3667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.3741
H2 Avg (Jul–Dec) 0.3667

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0123 EGP (High: 0.3736 / Low: 0.3613). On the other end, August was the most stable month, with a tight range of 0.0024 EGP (High: 0.3729 / Low: 0.3705).

September Spread (Volatile) ±0.0123
August Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0067 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.3772) against the same month in 2017 (average: 0.3924), the exchange rate shifted by -0.0152 (-3.87%).

2018 Avg (May) 0.3772
2017 Avg (May) 0.3924

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3726 0.3633 0.3688
February 0.3754 0.3682 0.3733
March 0.3739 0.3696 0.3726
April 0.3760 0.3714 0.3742
May 0.3802 0.3736 0.3772
June 0.3796 0.3765 0.3785
July 0.3795 0.3707 0.3750
August 0.3729 0.3705 0.3715
September 0.3736 0.3613 0.3685
October 0.3638 0.3604 0.3618
November 0.3626 0.3582 0.3612
December 0.3641 0.3610 0.3621