YEARLY HIGH
0.0066 EGP
YEARLY LOW
0.0043 EGP
YEARLY AVERAGE
0.0046 EGP

2019 MGA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MGA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0066. Conversely, the yearly low was recorded on November 16, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0023 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0045, the exchange rate registered a net change of -10.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0066 was up 15.00% compared to the 2018 peak of 0.0057, 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 33 EGP
2018 Average 27 EGP
Yearly Trough Low 22 EGP
Transaction Impact: A difference of 11.38 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0051
0.0043
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 0.0048, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0022 EGP (High: 0.0066 / Low: 0.0043). On the other end, June was the most stable month, with a tight range of 0.0000 EGP (High: 0.0046 / Low: 0.0046).

December Spread (Volatile) ±0.0022
June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0045) against the same month in 2018 (average: 0.0050), the exchange rate shifted by -0.0006 (-11.11%).

2019 Avg (December) 0.0045
2018 Avg (December) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0051 0.0049 0.0050
February 0.0051 0.0049 0.0050
March 0.0050 0.0048 0.0049
April 0.0048 0.0047 0.0048
May 0.0048 0.0046 0.0047
June 0.0046 0.0046 0.0046
July 0.0046 0.0045 0.0046
August 0.0045 0.0044 0.0045
September 0.0045 0.0043 0.0044
October 0.0045 0.0044 0.0044
November 0.0045 0.0043 0.0044
December 0.0066 0.0043 0.0045