YEARLY HIGH
1.7853 EGP
YEARLY LOW
1.6879 EGP
YEARLY AVERAGE
1.7463 EGP

2021 MAD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.7853. Conversely, the yearly low was recorded on December 18, dropping to 1.6879.

This high-to-low spread represents a total annual volatility of 0.0974 EGP. From a start-to-finish perspective, comparing the January average rate of 1.7645 to the December average rate of 1.6981, the exchange rate registered a net change of -3.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7853 was up 0.63% compared to the 2020 peak of 1.7741, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,927 EGP
2020 Average 8,336 EGP
Yearly Trough Low 8,440 EGP
Transaction Impact: A difference of 487.06 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.7768
1.6910
JanuMarcMayJulySeptNove

MAD 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 1.7582, compared to 1.7344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 1.7582
H2 Avg (Jul–Dec) 1.7344

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0426 EGP (High: 1.7688 / Low: 1.7262). On the other end, October was the most stable month, with a tight range of 0.0107 EGP (High: 1.7410 / Low: 1.7303).

April Spread (Volatile) ±0.0426
October Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0191 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.7645) against the same month in 2020 (average: 1.6548), the exchange rate shifted by +0.1098 (+6.63%).

2021 Avg (January) 1.7645
2020 Avg (January) 1.6548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7853 1.7514 1.7645
February 1.7664 1.7410 1.7515
March 1.7577 1.7316 1.7436
April 1.7688 1.7262 1.7525
May 1.7819 1.7460 1.7696
June 1.7786 1.7543 1.7672
July 1.7620 1.7467 1.7546
August 1.7662 1.7431 1.7505
September 1.7615 1.7342 1.7518
October 1.7410 1.7303 1.7353
November 1.7350 1.6973 1.7162
December 1.7079 1.6879 1.6981