2021 EGP to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 EGP to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the EGP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 127.5322. Conversely, the yearly low was recorded on January 2, dropping to 122.5774.
This high-to-low spread represents a total annual volatility of 4.9547 BIF. From a start-to-finish perspective, comparing the January average rate of 123.8842 to the December average rate of 127.1006, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 127.5322 was up 2.42% compared to the 2020 peak of 124.5218, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 124.8982, compared to 126.6648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 2.2596 BIF (High: 124.8370 / Low: 122.5774). On the other end, August was the most stable month, with a tight range of 0.5418 BIF (High: 126.6833 / Low: 126.1415).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0116 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 127.1006) against the same month in 2020 (average: 123.8068), the exchange rate shifted by +3.2938 (+2.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 124.8370 | 122.5774 | 123.8842 |
| February | 125.5523 | 123.3901 | 124.5207 |
| March | 125.5796 | 123.7794 | 124.5091 |
| April | 125.5133 | 123.6965 | 124.5025 |
| May | 126.1385 | 124.6640 | 125.6809 |
| June | 126.6878 | 125.8718 | 126.2918 |
| July | 126.6617 | 126.0137 | 126.3368 |
| August | 126.6833 | 126.1415 | 126.3521 |
| September | 127.1154 | 126.2502 | 126.5935 |
| October | 127.4118 | 126.4296 | 126.8030 |
| November | 127.0873 | 126.5192 | 126.8030 |
| December | 127.5322 | 126.4934 | 127.1006 |