YEARLY HIGH
0.0042 EGP
YEARLY LOW
0.0039 EGP
YEARLY AVERAGE
0.0041 EGP

2021 MGA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.0042. Conversely, the yearly low was recorded on November 22, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0003 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0041 to the December average rate of 0.0040, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0042 was down 4.72% compared to the 2020 peak of 0.0044, 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 21 EGP
2020 Average 21 EGP
Yearly Trough Low 20 EGP
Transaction Impact: A difference of 1.42 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0042
0.0039
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 0.0040 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) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0002 EGP (High: 0.0042 / Low: 0.0040). On the other end, November was the most stable month, with a tight range of 0.0000 EGP (High: 0.0040 / Low: 0.0039).

July Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, 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 (February 2021: 0.0042) against the same month in 2020 (average: 0.0042), the exchange rate shifted by -0.0001 (-1.66%).

2021 Avg (February) 0.0042
2020 Avg (February) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

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