YEARLY HIGH
0.0062 EGP
YEARLY LOW
0.0050 EGP
YEARLY AVERAGE
0.0057 EGP

2017 MGA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.0062. Conversely, the yearly low was recorded on February 21, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0012 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0055, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0062 was up 3.98% compared to the 2016 peak of 0.0059, 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 31 EGP
2016 Average 16 EGP
Yearly Trough Low 25 EGP
Transaction Impact: A difference of 6.11 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0061
0.0053
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 0.0056, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0010 EGP (High: 0.0059 / Low: 0.0050). On the other end, November was the most stable month, with a tight range of 0.0001 EGP (High: 0.0056 / Low: 0.0055).

February Spread (Volatile) ±0.0010
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 0.0061) against the same month in 2016 (average: 0.0029), the exchange rate shifted by +0.0032 (+109.82%).

2017 Avg (July) 0.0061
2016 Avg (July) 0.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0059 0.0054 0.0057
February 0.0059 0.0050 0.0054
March 0.0058 0.0052 0.0055
April 0.0057 0.0055 0.0056
May 0.0059 0.0057 0.0058
June 0.0060 0.0056 0.0058
July 0.0062 0.0058 0.0061
August 0.0061 0.0059 0.0060
September 0.0060 0.0058 0.0059
October 0.0058 0.0056 0.0057
November 0.0056 0.0055 0.0056
December 0.0056 0.0054 0.0055