YEARLY HIGH
0.0123 EGP
YEARLY LOW
0.0107 EGP
YEARLY AVERAGE
0.0115 EGP

2020 MMK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 0.0123. Conversely, the yearly low was recorded on February 22, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0016 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0108 to the December average rate of 0.0117, the exchange rate registered a net change of 8.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0123 was up 4.32% compared to the 2019 peak of 0.0118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 62 EGP
2019 Average 55 EGP
Yearly Trough Low 54 EGP
Transaction Impact: A difference of 7.97 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0123
0.0107
JanuMarcMayJulySeptNove

MMK 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 0.0111, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0111
H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0009 EGP (High: 0.0118 / Low: 0.0109). On the other end, February was the most stable month, with a tight range of 0.0002 EGP (High: 0.0110 / Low: 0.0107).

March Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0122) against the same month in 2019 (average: 0.0106), the exchange rate shifted by +0.0015 (+14.59%).

2020 Avg (October) 0.0122
2019 Avg (October) 0.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0110 0.0107 0.0108
February 0.0110 0.0107 0.0108
March 0.0118 0.0109 0.0112
April 0.0113 0.0109 0.0111
May 0.0113 0.0110 0.0112
June 0.0118 0.0114 0.0116
July 0.0118 0.0115 0.0117
August 0.0120 0.0116 0.0117
September 0.0121 0.0118 0.0119
October 0.0123 0.0120 0.0122
November 0.0122 0.0119 0.0120
December 0.0119 0.0114 0.0117