2019 EGP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 EGP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the EGP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 596.3520. Conversely, the yearly low was recorded on January 1, dropping to 507.1618.
This high-to-low spread represents a total annual volatility of 89.1903 GNF. From a start-to-finish perspective, comparing the January average rate of 512.4789 to the December average rate of 589.3362, the exchange rate registered a net change of 15.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 596.3520 was up 15.86% compared to the 2018 peak of 514.6977, 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 GNF 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 530.6585, compared to 568.4281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.7696 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 31.7873 GNF (High: 591.5658 / Low: 559.7785). On the other end, July was the most stable month, with a tight range of 7.0889 GNF (High: 557.2830 / Low: 550.1942).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 589.3362) against the same month in 2018 (average: 511.1521), the exchange rate shifted by +78.1841 (+15.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 518.2338 | 507.1618 | 512.4789 |
| February | 526.3158 | 517.9111 | 522.1033 |
| March | 535.1966 | 522.7209 | 528.4936 |
| April | 538.3651 | 526.9011 | 531.9104 |
| May | 552.5126 | 533.0951 | 539.7813 |
| June | 553.4225 | 544.7072 | 549.1837 |
| July | 557.2830 | 550.1942 | 554.3627 |
| August | 559.7298 | 544.8646 | 555.3312 |
| September | 568.9229 | 552.9373 | 562.6195 |
| October | 574.6947 | 563.8355 | 569.2287 |
| November | 591.5658 | 559.7785 | 579.6903 |
| December | 596.3520 | 584.1587 | 589.3362 |