YEARLY HIGH
0.0059 EGP
YEARLY LOW
0.0024 EGP
YEARLY AVERAGE
0.0031 EGP

2016 MGA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0059. Conversely, the yearly low was recorded on January 2, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0035 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0055, the exchange rate registered a net change of 126.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0059 was up 107.51% compared to the 2015 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 EGP
2015 Average 12 EGP
Yearly Trough Low 12 EGP
Transaction Impact: A difference of 17.57 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0058
0.0021
JanuMarcMayJulySeptNove

MGA 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 0.0026, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0029 EGP (High: 0.0056 / Low: 0.0028). On the other end, January was the most stable month, with a tight range of 0.0000 EGP (High: 0.0024 / Low: 0.0024).

November Spread (Volatile) ±0.0029
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0055) against the same month in 2015 (average: 0.0024), the exchange rate shifted by +0.0031 (+126.20%).

2016 Avg (December) 0.0055
2015 Avg (December) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0024 0.0024
February 0.0025 0.0024 0.0025
March 0.0028 0.0024 0.0026
April 0.0028 0.0028 0.0028
May 0.0028 0.0027 0.0028
June 0.0027 0.0027 0.0027
July 0.0030 0.0028 0.0029
August 0.0030 0.0029 0.0029
September 0.0029 0.0029 0.0029
October 0.0029 0.0028 0.0028
November 0.0056 0.0028 0.0048
December 0.0059 0.0053 0.0055