YEARLY HIGH
641.5788 GNF
YEARLY LOW
581.9681 GNF
YEARLY AVERAGE
608.5400 GNF

2020 EGP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 641.5788. Conversely, the yearly low was recorded on June 4, dropping to 581.9681.

This high-to-low spread represents a total annual volatility of 59.6107 GNF. From a start-to-finish perspective, comparing the January average rate of 596.6065 to the December average rate of 633.7978, the exchange rate registered a net change of 6.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 641.5788 was up 7.58% compared to the 2019 peak of 596.3520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 3,207,894 GNF
2019 Average 2,748,499 GNF
Yearly Trough Low 2,909,840 GNF
Transaction Impact: A difference of 298,053.71 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

638.0781
586.7140
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 599.8269, compared to 617.2531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.4262 points.

H1 Avg (Jan–Jun) 599.8269
H2 Avg (Jul–Dec) 617.2531

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 16.5173 GNF (High: 604.0809 / Low: 587.5636). On the other end, October was the most stable month, with a tight range of 5.3881 GNF (High: 624.5482 / Low: 619.1601).

January Spread (Volatile) ±16.5173
October Spread (Stable) ±5.3881

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 10.1012 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -10.1012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 633.7978) against the same month in 2019 (average: 589.3362), the exchange rate shifted by +44.4616 (+7.54%).

2020 Avg (December) 633.7978
2019 Avg (December) 589.3362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 604.0809 587.5636 596.6065
February 609.8656 595.7276 603.8983
March 612.3535 599.4042 604.1872
April 606.7258 597.5627 602.1794
May 607.9266 596.2716 601.0956
June 597.7533 581.9681 590.9944
July 604.1461 596.5748 601.4427
August 609.3794 601.4481 605.1693
September 620.7204 608.4864 614.8470
October 624.5482 619.1601 622.6144
November 629.1523 622.0808 625.6477
December 641.5788 627.0570 633.7978