YEARLY HIGH
0.0044 EGP
YEARLY LOW
0.0039 EGP
YEARLY AVERAGE
0.0042 EGP

2020 MGA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0044. Conversely, the yearly low was recorded on November 17, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0005 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0041, the exchange rate registered a net change of -4.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0044 was down 32.72% compared to the 2019 peak of 0.0066, 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 22 EGP
2019 Average 23 EGP
Yearly Trough Low 20 EGP
Transaction Impact: A difference of 2.49 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0044
0.0040
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 0.0042, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0002 EGP (High: 0.0042 / Low: 0.0040). On the other end, July was the most stable month, with a tight range of 0.0001 EGP (High: 0.0042 / Low: 0.0041).

December Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between January and February, 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 (January 2020: 0.0043) against the same month in 2019 (average: 0.0050), the exchange rate shifted by -0.0007 (-14.03%).

2020 Avg (January) 0.0043
2019 Avg (January) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0044 0.0043 0.0043
February 0.0044 0.0042 0.0042
March 0.0043 0.0042 0.0042
April 0.0042 0.0041 0.0042
May 0.0042 0.0041 0.0041
June 0.0043 0.0042 0.0042
July 0.0042 0.0041 0.0042
August 0.0042 0.0041 0.0042
September 0.0041 0.0040 0.0041
October 0.0040 0.0039 0.0040
November 0.0041 0.0039 0.0040
December 0.0042 0.0040 0.0041