YEARLY HIGH
0.0057 EGP
YEARLY LOW
0.0049 EGP
YEARLY AVERAGE
0.0053 EGP

2018 MGA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0057. Conversely, the yearly low was recorded on December 2, dropping to 0.0049.

This high-to-low spread represents a total annual volatility of 0.0009 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0050, the exchange rate registered a net change of -7.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0057 was down 7.36% compared to the 2017 peak of 0.0062, 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 29 EGP
2017 Average 29 EGP
Yearly Trough Low 24 EGP
Transaction Impact: A difference of 4.36 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0057
0.0049
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 0.0055, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0003 EGP (High: 0.0051 / Low: 0.0049). On the other end, April was the most stable month, with a tight range of 0.0001 EGP (High: 0.0055 / Low: 0.0054).

December Spread (Volatile) ±0.0003
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0056) against the same month in 2017 (average: 0.0055), the exchange rate shifted by +0.0001 (+1.13%).

2018 Avg (March) 0.0056
2017 Avg (March) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0054 0.0055
February 0.0057 0.0055 0.0056
March 0.0057 0.0055 0.0056
April 0.0055 0.0054 0.0055
May 0.0055 0.0054 0.0055
June 0.0054 0.0052 0.0053
July 0.0054 0.0053 0.0053
August 0.0054 0.0053 0.0054
September 0.0053 0.0052 0.0053
October 0.0052 0.0051 0.0051
November 0.0051 0.0049 0.0050
December 0.0051 0.0049 0.0050