YEARLY HIGH
0.0057 EGP
YEARLY LOW
0.0039 EGP
YEARLY AVERAGE
0.0046 EGP

2022 MGA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MGA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0057. Conversely, the yearly low was recorded on March 13, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0018 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0056, the exchange rate registered a net change of 41.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0057 was up 35.78% compared to the 2021 peak of 0.0042, 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
2021 Average 20 EGP
Yearly Trough Low 19 EGP
Transaction Impact: A difference of 9.23 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0058
0.0038
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 0.0043, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0043
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0010 EGP (High: 0.0056 / Low: 0.0046). On the other end, February was the most stable month, with a tight range of 0.0001 EGP (High: 0.0040 / Low: 0.0039).

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

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0057) against the same month in 2021 (average: 0.0040), the exchange rate shifted by +0.0017 (+43.48%).

2022 Avg (November) 0.0057
2021 Avg (November) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0040 0.0039 0.0039
February 0.0040 0.0039 0.0039
March 0.0046 0.0039 0.0041
April 0.0046 0.0045 0.0046
May 0.0047 0.0045 0.0046
June 0.0047 0.0046 0.0046
July 0.0046 0.0045 0.0046
August 0.0047 0.0045 0.0046
September 0.0047 0.0046 0.0046
October 0.0056 0.0046 0.0048
November 0.0057 0.0056 0.0057
December 0.0056 0.0055 0.0056