YEARLY HIGH
0.1750 EGP
YEARLY LOW
0.1590 EGP
YEARLY AVERAGE
0.1678 EGP

2021 CVE to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1750. Conversely, the yearly low was recorded on November 25, dropping to 0.1590.

This high-to-low spread represents a total annual volatility of 0.0160 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1727 to the December average rate of 0.1604, the exchange rate registered a net change of -7.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1750 was up 0.18% compared to the 2020 peak of 0.1747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 875 EGP
2020 Average 814 EGP
Yearly Trough Low 795 EGP
Transaction Impact: A difference of 79.92 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1740
0.1591
JanuMarcMayJulySeptNove

CVE 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 0.1707, compared to 0.1649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.1707
H2 Avg (Jul–Dec) 0.1649

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0100 EGP (High: 0.1735 / Low: 0.1635). On the other end, December was the most stable month, with a tight range of 0.0014 EGP (High: 0.1611 / Low: 0.1597).

June Spread (Volatile) ±0.0100
December Spread (Stable) ±0.0014

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 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1727) against the same month in 2020 (average: 0.1595), the exchange rate shifted by +0.0132 (+8.28%).

2021 Avg (January) 0.1727
2020 Avg (January) 0.1595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1750 0.1714 0.1727
February 0.1720 0.1697 0.1711
March 0.1714 0.1665 0.1687
April 0.1715 0.1660 0.1694
May 0.1734 0.1697 0.1718
June 0.1735 0.1635 0.1703
July 0.1686 0.1664 0.1675
August 0.1686 0.1659 0.1674
September 0.1688 0.1647 0.1673
October 0.1660 0.1639 0.1647
November 0.1649 0.1590 0.1622
December 0.1611 0.1597 0.1604