YEARLY HIGH
10.5739 EGP
YEARLY LOW
9.0706 EGP
YEARLY AVERAGE
9.6302 EGP

2019 BGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 10.5739. Conversely, the yearly low was recorded on November 27, dropping to 9.0706.

This high-to-low spread represents a total annual volatility of 1.5033 EGP. From a start-to-finish perspective, comparing the January average rate of 10.4351 to the December average rate of 9.1378, the exchange rate registered a net change of -12.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.5739 was down 6.32% compared to the 2018 peak of 11.2869, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,869 EGP
2018 Average 53,755 EGP
Yearly Trough Low 45,353 EGP
Transaction Impact: A difference of 7,516.52 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.5672
8.9819
JanuMarcMayJulySeptNove

BGN 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 9.9935, compared to 9.2670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7266 points.

H1 Avg (Jan–Jun) 9.9935
H2 Avg (Jul–Dec) 9.2670

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.3129 EGP (High: 9.8521 / Low: 9.5392). On the other end, December was the most stable month, with a tight range of 0.1251 EGP (High: 9.2067 / Low: 9.0816).

May Spread (Volatile) ±0.3129
December Spread (Stable) ±0.1251

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2382 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 10.4351) against the same month in 2018 (average: 11.0423), the exchange rate shifted by -0.6072 (-5.50%).

2019 Avg (January) 10.4351
2018 Avg (January) 11.0423

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5739 10.3014 10.4351
February 10.3380 10.1208 10.1969
March 10.1718 9.9429 10.0374
April 10.0231 9.7730 9.9018
May 9.8521 9.5392 9.7365
June 9.7320 9.5392 9.6535
July 9.6434 9.3659 9.5220
August 9.5097 9.2679 9.4212
September 9.3698 9.0728 9.2265
October 9.2846 9.0846 9.1802
November 9.2202 9.0706 9.1140
December 9.2067 9.0816 9.1378