2020 EGP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EGP to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EGP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 126.5913. Conversely, the yearly low was recorded on December 6, dropping to 94.8649.
This high-to-low spread represents a total annual volatility of 31.7264 CDF. From a start-to-finish perspective, comparing the January average rate of 106.0910 to the December average rate of 124.5862, the exchange rate registered a net change of 17.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 126.5913 was up 20.40% compared to the 2019 peak of 105.1382, 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 2020.
EGP to CDF 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 110.1201, compared to 123.9205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.8004 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 31.7264 CDF (High: 126.5913 / Low: 94.8649). On the other end, November was the most stable month, with a tight range of 1.1814 CDF (High: 126.0971 / Low: 124.9156).
Growth Streaks & Declines
TrendsBetween January and September, 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 November and December, when the average rate fell by 1.0398 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 124.5862) against the same month in 2019 (average: 104.3396), the exchange rate shifted by +20.2466 (+19.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 107.0114 | 104.9340 | 106.0910 |
| February | 109.0169 | 106.6118 | 107.7985 |
| March | 109.6459 | 107.9375 | 108.6725 |
| April | 109.7320 | 107.9851 | 108.9857 |
| May | 115.3096 | 110.0607 | 113.3441 |
| June | 119.0411 | 112.4467 | 115.8287 |
| July | 123.1667 | 118.5088 | 121.5625 |
| August | 124.6307 | 122.1280 | 123.2073 |
| September | 124.8790 | 123.5796 | 124.4015 |
| October | 125.4650 | 115.4195 | 124.1393 |
| November | 126.0971 | 124.9156 | 125.6260 |
| December | 126.5913 | 94.8649 | 124.5862 |