YEARLY HIGH
124.5218 BIF
YEARLY LOW
117.0474 BIF
YEARLY AVERAGE
121.0901 BIF

2020 EGP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 124.5218. Conversely, the yearly low was recorded on June 4, dropping to 117.0474.

This high-to-low spread represents a total annual volatility of 7.4744 BIF. From a start-to-finish perspective, comparing the January average rate of 118.5549 to the December average rate of 123.8068, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 124.5218 was up 5.96% compared to the 2019 peak of 117.5136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 622,609 BIF
2019 Average 548,520 BIF
Yearly Trough Low 585,237 BIF
Transaction Impact: A difference of 37,371.84 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

124.4793
117.3988
JanuMarcMayJulySeptNove

EGP to BIF 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 119.7621, compared to 122.4181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6559 points.

H1 Avg (Jan–Jun) 119.7621
H2 Avg (Jul–Dec) 122.4181

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 3.1547 BIF (High: 122.5503 / Low: 119.3956). On the other end, November was the most stable month, with a tight range of 1.2140 BIF (High: 124.3627 / Low: 123.1488).

May Spread (Volatile) ±3.1547
November Spread (Stable) ±1.2140

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.7871 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.7871

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 123.8068) against the same month in 2019 (average: 116.7165), the exchange rate shifted by +7.0903 (+6.07%).

2020 Avg (December) 123.8068
2019 Avg (December) 116.7165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 119.6845 117.1283 118.5549
February 121.5512 118.9782 120.3956
March 121.9421 119.5812 120.5918
April 121.1084 119.0927 120.2658
May 122.5503 119.3956 120.7760
June 119.2352 117.0474 117.9888
July 120.8461 118.4468 120.2093
August 121.7516 120.4889 121.0195
September 122.7710 121.5560 122.4143
October 123.8687 122.5880 123.1692
November 124.3627 123.1488 123.8893
December 124.5218 123.1256 123.8068