2021 EGP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 EGP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the EGP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 659.2694. Conversely, the yearly low was recorded on December 17, dropping to 590.8099.
This high-to-low spread represents a total annual volatility of 68.4595 GNF. From a start-to-finish perspective, comparing the January average rate of 649.4839 to the December average rate of 598.9270, the exchange rate registered a net change of -7.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 659.2694 was up 2.76% compared to the 2020 peak of 641.5788, 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 2021.
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 638.5804, compared to 615.5507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.0297 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 26.5268 GNF (High: 657.8498 / Low: 631.3230). On the other end, September was the most stable month, with a tight range of 2.5310 GNF (High: 623.5908 / Low: 621.0598).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 11.8505 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 649.2908) against the same month in 2020 (average: 603.8983), the exchange rate shifted by +45.3925 (+7.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 657.8498 | 631.3230 | 649.4839 |
| February | 659.2694 | 643.8260 | 649.2908 |
| March | 645.6329 | 636.8684 | 641.1995 |
| April | 640.2222 | 629.5876 | 635.2321 |
| May | 635.4302 | 624.4526 | 629.6134 |
| June | 628.8164 | 624.7163 | 626.6627 |
| July | 628.5088 | 621.3352 | 625.1753 |
| August | 624.7828 | 621.3045 | 622.8492 |
| September | 623.5908 | 621.0598 | 622.3856 |
| October | 621.5716 | 612.8518 | 617.9089 |
| November | 612.3920 | 597.7688 | 606.0583 |
| December | 606.5073 | 590.8099 | 598.9270 |