2019 EGP to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 EGP to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the EGP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 6.2668. Conversely, the yearly low was recorded on January 10, dropping to 5.3527.
This high-to-low spread represents a total annual volatility of 0.9141 CVE. From a start-to-finish perspective, comparing the January average rate of 5.4159 to the December average rate of 6.2006, the exchange rate registered a net change of 14.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 6.2668 was up 14.45% compared to the 2018 peak of 5.4756, 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 CVE 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 5.6621, compared to 6.1032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4411 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 0.1953 CVE (High: 5.9352 / Low: 5.7399). On the other end, October was the most stable month, with a tight range of 0.0905 CVE (High: 6.1972 / Low: 6.1068).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0104 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 6.2006) against the same month in 2018 (average: 5.4251), the exchange rate shifted by +0.7755 (+14.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.4986 | 5.3527 | 5.4159 |
| February | 5.5934 | 5.4624 | 5.5420 |
| March | 5.6912 | 5.5540 | 5.6301 |
| April | 5.7919 | 5.6433 | 5.7086 |
| May | 5.9352 | 5.7399 | 5.8113 |
| June | 5.9352 | 5.8224 | 5.8645 |
| July | 6.0060 | 5.8416 | 5.9265 |
| August | 6.0987 | 5.9285 | 5.9930 |
| September | 6.2185 | 6.0620 | 6.1230 |
| October | 6.1972 | 6.1068 | 6.1650 |
| November | 6.2664 | 6.1670 | 6.2110 |
| December | 6.2668 | 6.1523 | 6.2006 |