YEARLY HIGH
0.9900 MVR
YEARLY LOW
0.9721 MVR
YEARLY AVERAGE
0.9832 MVR

2021 EGP to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.9900. Conversely, the yearly low was recorded on January 2, dropping to 0.9721.

This high-to-low spread represents a total annual volatility of 0.0179 MVR. From a start-to-finish perspective, comparing the January average rate of 0.9803 to the December average rate of 0.9823, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9900 was down 0.99% compared to the 2020 peak of 0.9999, 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 4,950 MVR
2020 Average 4,879 MVR
Yearly Trough Low 4,860 MVR
Transaction Impact: A difference of 89.61 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9864
0.9798
JanuMarcMayJulySeptNove

EGP to MVR 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 0.9836, compared to 0.9828 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0008 points.

H1 Avg (JanтАУJun) 0.9836
H2 Avg (JulтАУDec) 0.9828

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0121 MVR (High: 0.9842 / Low: 0.9721). On the other end, July was the most stable month, with a tight range of 0.0042 MVR (High: 0.9847 / Low: 0.9805).

January Spread (Volatile) ┬▒0.0121
July Spread (Stable) ┬▒0.0042

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 0.0035 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.9847) against the same month in 2020 (average: 0.9780), the exchange rate shifted by +0.0066 (+0.68%).

2021 Avg (April) 0.9847
2020 Avg (April) 0.9780

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

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Month High Low Average
January 0.9842 0.9721 0.9803
February 0.9886 0.9786 0.9834
March 0.9883 0.9790 0.9831
April 0.9900 0.9819 0.9847
May 0.9891 0.9795 0.9840
June 0.9887 0.9777 0.9859
July 0.9847 0.9805 0.9823
August 0.9854 0.9809 0.9842
September 0.9847 0.9799 0.9826
October 0.9845 0.9803 0.9829
November 0.9848 0.9794 0.9823
December 0.9838 0.9783 0.9823