YEARLY HIGH
253.9810 MGA
YEARLY LOW
236.9184 MGA
YEARLY AVERAGE
245.4580 MGA

2021 EGP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 253.9810. Conversely, the yearly low was recorded on February 8, dropping to 236.9184.

This high-to-low spread represents a total annual volatility of 17.0626 MGA. From a start-to-finish perspective, comparing the January average rate of 242.3213 to the December average rate of 252.4218, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 253.9810 was down 0.14% compared to the 2020 peak of 254.3414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,269,905 MGA
2020 Average 1,204,924 MGA
Yearly Trough Low 1,184,592 MGA
Transaction Impact: A difference of 85,312.84 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

254.4070
238.7161
JanuMarcMayJulySeptNove

EGP to MGA 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: JanтАУJun) was 240.9302, compared to 249.9859 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 9.0558 points.

H1 Avg (JanтАУJun) 240.9302
H2 Avg (JulтАУDec) 249.9859

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 10.1714 MGA (High: 250.1470 / Low: 239.9755). On the other end, November was the most stable month, with a tight range of 1.9151 MGA (High: 253.9810 / Low: 252.0659).

July Spread (Volatile) ┬▒10.1714
November Spread (Stable) ┬▒1.9151

Growth Streaks & Declines

Trends

Between May and November, 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 January and February, when the average rate fell by 2.1499 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -2.1499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 253.0995) against the same month in 2020 (average: 250.5465), the exchange rate shifted by +2.5530 (+1.02%).

2021 Avg (November) 253.0995
2020 Avg (November) 250.5465

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 248.1536 239.7581 242.3213
February 242.6154 236.9184 240.1714
March 242.1824 237.8032 240.3094
April 242.8912 239.4666 241.4722
May 243.8474 238.9418 240.0237
June 246.5939 238.9450 241.2830
July 250.1470 239.9755 244.7025
August 249.8623 241.4179 247.7921
September 252.8131 248.1289 250.1083
October 253.0567 249.2148 251.7914
November 253.9810 252.0659 253.0995
December 253.6701 248.6936 252.4218