YEARLY HIGH
9.8965 EGP
YEARLY LOW
9.0047 EGP
YEARLY AVERAGE
9.4954 EGP

2021 BGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 9.8965. Conversely, the yearly low was recorded on November 24, dropping to 9.0047.

This high-to-low spread represents a total annual volatility of 0.8918 EGP. From a start-to-finish perspective, comparing the January average rate of 9.7790 to the December average rate of 9.0804, the exchange rate registered a net change of -7.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.8965 was up 0.18% compared to the 2020 peak of 9.8792, 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 49,482 EGP
2020 Average 46,144 EGP
Yearly Trough Low 45,023 EGP
Transaction Impact: A difference of 4,459.02 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.8489
9.0106
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 9.6639, compared to 9.3270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3370 points.

H1 Avg (Jan–Jun) 9.6639
H2 Avg (Jul–Dec) 9.3270

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3331 EGP (High: 9.7169 / Low: 9.3838). On the other end, December was the most stable month, with a tight range of 0.0752 EGP (High: 9.1209 / Low: 9.0457).

April Spread (Volatile) ±0.3331
December Spread (Stable) ±0.0752

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.1554 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 9.7790) against the same month in 2020 (average: 9.0255), the exchange rate shifted by +0.7536 (+8.35%).

2021 Avg (January) 9.7790
2020 Avg (January) 9.0255

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.8965 9.6720 9.7790
February 9.7785 9.6105 9.6893
March 9.6887 9.4068 9.5514
April 9.7169 9.3838 9.5942
May 9.8174 9.6175 9.7287
June 9.8026 9.4748 9.6409
July 9.5388 9.4302 9.4855
August 9.5340 9.3715 9.4475
September 9.5432 9.3082 9.4617
October 9.3825 9.2601 9.3169
November 9.3341 9.0047 9.1697
December 9.1209 9.0457 9.0804