YEARLY HIGH
2.3519 EGP
YEARLY LOW
2.2470 EGP
YEARLY AVERAGE
2.2906 EGP

2020 BOB to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BOB to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 2.3519. Conversely, the yearly low was recorded on March 8, dropping to 2.2470.

This high-to-low spread represents a total annual volatility of 0.1049 EGP. From a start-to-finish perspective, comparing the January average rate of 2.2990 to the December average rate of 2.2759, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3519 was down 9.60% compared to the 2019 peak of 2.6018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,760 EGP
2019 Average 12,165 EGP
Yearly Trough Low 11,235 EGP
Transaction Impact: A difference of 524.56 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3472
2.2608
JanuMarcMayJulySeptNove

BOB 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 2.2927, compared to 2.2885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 2.2927
H2 Avg (Jul–Dec) 2.2885

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0589 EGP (High: 2.3059 / Low: 2.2470). On the other end, October was the most stable month, with a tight range of 0.0143 EGP (High: 2.2828 / Low: 2.2685).

March Spread (Volatile) ±0.0589
October Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0311 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 2.3400) against the same month in 2019 (average: 2.4202), the exchange rate shifted by -0.0802 (-3.31%).

2020 Avg (June) 2.3400
2019 Avg (June) 2.4202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3243 2.2792 2.2990
February 2.2893 2.2486 2.2680
March 2.3059 2.2470 2.2773
April 2.3110 2.2740 2.2867
May 2.2972 2.2543 2.2849
June 2.3519 2.3086 2.3400
July 2.3344 2.3074 2.3177
August 2.3173 2.2972 2.3083
September 2.2996 2.2774 2.2850
October 2.2828 2.2685 2.2750
November 2.2820 2.2628 2.2692
December 2.2882 2.2494 2.2759