2019 EGP to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 EGP to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the EGP to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 36.2851. Conversely, the yearly low was recorded on January 21, dropping to 33.4069.
This high-to-low spread represents a total annual volatility of 2.8782 CRC. From a start-to-finish perspective, comparing the January average rate of 33.7587 to the December average rate of 35.2480, the exchange rate registered a net change of 4.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 36.2851 was up 4.04% compared to the 2018 peak of 34.8768, 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 2019.
EGP to CRC 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 34.6266, compared to 35.2248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5982 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was September, with a trading range of 1.4927 CRC (High: 35.8652 / Low: 34.3725). On the other end, February was the most stable month, with a tight range of 0.4340 CRC (High: 34.8889 / Low: 34.4549).
Growth Streaks & Declines
TrendsBetween January and June, 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 November and December, when the average rate fell by 0.6246 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 35.8726) against the same month in 2018 (average: 34.0987), the exchange rate shifted by +1.7740 (+5.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.5702 | 33.4069 | 33.7587 |
| February | 34.8889 | 34.4549 | 34.7007 |
| March | 34.9598 | 34.5194 | 34.7217 |
| April | 35.0059 | 34.5223 | 34.7652 |
| May | 35.2308 | 34.3857 | 34.7787 |
| June | 35.3524 | 34.8816 | 35.0349 |
| July | 35.0617 | 34.4997 | 34.7677 |
| August | 34.5890 | 33.5971 | 34.3746 |
| September | 35.8652 | 34.3725 | 35.2580 |
| October | 36.2054 | 35.4384 | 35.8281 |
| November | 36.2851 | 34.8229 | 35.8726 |
| December | 35.6567 | 34.7347 | 35.2480 |