2020 EGP to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EGP to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EGP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 21.5067. Conversely, the yearly low was recorded on August 5, dropping to 18.1649.
This high-to-low spread represents a total annual volatility of 3.3418 HUF. From a start-to-finish perspective, comparing the January average rate of 18.9296 to the December average rate of 18.7940, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 21.5067 was up 13.47% compared to the 2019 peak of 18.9529, 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 2020.
EGP to HUF 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 19.8175, compared to 19.1407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6768 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.5368 HUF (High: 21.3252 / Low: 18.7884). On the other end, December was the most stable month, with a tight range of 0.6013 HUF (High: 19.0519 / Low: 18.4506).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.2965 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 20.8133) against the same month in 2019 (average: 16.5792), the exchange rate shifted by +4.2340 (+25.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.4156 | 18.3241 | 18.9296 |
| February | 20.1560 | 19.2380 | 19.7168 |
| March | 21.3252 | 18.7884 | 19.9256 |
| April | 21.5067 | 20.2821 | 20.8133 |
| May | 20.8458 | 19.7108 | 20.4081 |
| June | 19.6104 | 18.6814 | 19.1116 |
| July | 19.6103 | 18.2000 | 19.1435 |
| August | 18.9881 | 18.1649 | 18.4971 |
| September | 19.8967 | 18.8118 | 19.3824 |
| October | 20.0878 | 19.1741 | 19.6082 |
| November | 20.0456 | 19.2128 | 19.4191 |
| December | 19.0519 | 18.4506 | 18.7940 |