2022 MAD to EGP Historical Review

YEARLY HIGH

2.3681 EGP

YEARLY LOW

1.5771 EGP

YEARLY AVERAGE

1.8847 EGP

2022 MAD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MAD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.3681. Conversely, the yearly low was recorded on March 8, dropping to 1.5771.

This high-to-low spread represents a total annual volatility of 0.7909 EGP. From a start-to-finish perspective, comparing the January average rate of 1.6921 to the December average rate of 2.3446, the exchange rate registered a net change of 38.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.3681 was up 32.64% compared to the 2021 peak of 1.7853, 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 11,840 EGP

2021 Average 8,731 EGP

Yearly Trough Low 7,886 EGP

Transaction Impact: A difference of 3,954.56 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4116

1.6079

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 1.7791, compared to 1.9902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2111 points.

H1 Avg (Jan–Jun) 1.7791

H2 Avg (Jul–Dec) 1.9902

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.4322 EGP (High: 2.2112 / Low: 1.7790). On the other end, January was the most stable month, with a tight range of 0.0384 EGP (High: 1.7044 / Low: 1.6659).

October Spread (Volatile) ±0.4322

January Spread (Stable) ±0.0384

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0351 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.3446) against the same month in 2021 (average: 1.6981), the exchange rate shifted by +0.6464 (+38.07%).

2022 Avg (December) 2.3446

2021 Avg (December) 1.6981

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7044	1.6659	1.6921
February	1.6915	1.6461	1.6749
March	1.9111	1.5771	1.7124
April	1.8906	1.8487	1.8771
May	1.8837	1.8073	1.8438
June	1.9025	1.8481	1.8746
July	1.8838	1.8016	1.8467
August	1.8700	1.8111	1.8398
September	1.8461	1.7584	1.8048
October	2.2112	1.7790	1.8400
November	2.3077	2.1961	2.2656
December	2.3681	2.3196	2.3446