YEARLY HIGH
0.0119 EGP
YEARLY LOW
0.0080 EGP
YEARLY AVERAGE
0.0099 EGP

2021 MMK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0119. Conversely, the yearly low was recorded on October 7, dropping to 0.0080.

This high-to-low spread represents a total annual volatility of 0.0039 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0088, the exchange rate registered a net change of -25.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0119 was down 3.07% compared to the 2020 peak of 0.0123, 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 60 EGP
2020 Average 58 EGP
Yearly Trough Low 40 EGP
Transaction Impact: A difference of 19.67 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0122
0.0080
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 0.0107, compared to 0.0090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0107
H2 Avg (Jul–Dec) 0.0090

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0012 EGP (High: 0.0096 / Low: 0.0084). On the other end, August was the most stable month, with a tight range of 0.0000 EGP (High: 0.0096 / Low: 0.0095).

September Spread (Volatile) ±0.0012
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0118) against the same month in 2020 (average: 0.0108), the exchange rate shifted by +0.0010 (+9.08%).

2021 Avg (January) 0.0118
2020 Avg (January) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0119 0.0117 0.0118
February 0.0119 0.0111 0.0112
March 0.0112 0.0111 0.0111
April 0.0112 0.0101 0.0109
May 0.0101 0.0095 0.0098
June 0.0095 0.0095 0.0095
July 0.0096 0.0095 0.0095
August 0.0096 0.0095 0.0095
September 0.0096 0.0084 0.0089
October 0.0088 0.0080 0.0083
November 0.0089 0.0086 0.0088
December 0.0089 0.0088 0.0088