YEARLY HIGH
21.5067 HUF
YEARLY LOW
18.1649 HUF
YEARLY AVERAGE
19.4791 HUF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 107,534 HUF
2019 Average 86,601 HUF
Yearly Trough Low 90,825 HUF
Transaction Impact: A difference of 16,709.02 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.0449
18.2655
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 19.8175
H2 Avg (Jul–Dec) 19.1407

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±2.5368
December Spread (Stable) ±0.6013

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2965

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (April) 20.8133
2019 Avg (April) 16.5792

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