YEARLY HIGH
2.2461 EGP
YEARLY LOW
0.9441 EGP
YEARLY AVERAGE
1.8200 EGP

2021 TRY to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 2.2461. Conversely, the yearly low was recorded on December 19, dropping to 0.9441.

This high-to-low spread represents a total annual volatility of 1.3019 EGP. From a start-to-finish perspective, comparing the January average rate of 2.1235 to the December average rate of 1.1830, the exchange rate registered a net change of -44.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2461 was down 17.48% compared to the 2020 peak of 2.7218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 112,303 EGP
2020 Average 113,651 EGP
Yearly Trough Low 47,207 EGP
Transaction Impact: A difference of 65,096.10 EGP purely based on transaction execution date.

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2.3082
1.0807
JanuMarcMayJulySeptNove

TRY 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 1.9956, compared to 1.6445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3511 points.

H1 Avg (Jan–Jun) 1.9956
H2 Avg (Jul–Dec) 1.6445

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.5243 EGP (High: 1.4684 / Low: 0.9441). On the other end, July was the most stable month, with a tight range of 0.0551 EGP (High: 1.8583 / Low: 1.8032).

December Spread (Volatile) Âą0.5243
July Spread (Stable) Âą0.0551

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 November and December, when the average rate fell by 0.2880 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2880

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.2059) against the same month in 2020 (average: 2.5856), the exchange rate shifted by -0.3797 (-14.69%).

2021 Avg (February) 2.2059
2020 Avg (February) 2.5856

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Month High Low Average
January 2.1595 2.0929 2.1235
February 2.2461 2.1130 2.2059
March 2.1670 1.8870 2.0440
April 1.9519 1.8663 1.9181
May 1.9025 1.8252 1.8678
June 1.8647 1.7836 1.8141
July 1.8583 1.8032 1.8252
August 1.8870 1.8142 1.8518
September 1.8956 1.7603 1.8338
October 1.7749 1.6163 1.7020
November 1.6484 1.1660 1.4711
December 1.4684 0.9441 1.1830