2020 EGP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EGP to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EGP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 4128.8788. Conversely, the yearly low was recorded on June 4, dropping to 2592.3053.
This high-to-low spread represents a total annual volatility of 1536.5735 IRR. From a start-to-finish perspective, comparing the January average rate of 2648.5947 to the December average rate of 2683.6466, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 4128.8788 was up 57.18% compared to the 2019 peak of 2626.7850, 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 IRR 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 2661.1664, compared to 2674.0275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.8610 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 1517.7790 IRR (High: 4128.8788 / Low: 2611.0998). On the other end, April was the most stable month, with a tight range of 8.5394 IRR (High: 2673.7839 / Low: 2665.2445).
Growth Streaks & Declines
TrendsBetween August and November, 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 67.3129 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2020: 2679.1945) against the same month in 2019 (average: 2535.3354), the exchange rate shifted by +143.8591 (+5.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2669.8674 | 2619.2031 | 2648.5947 |
| February | 2706.4595 | 2660.0752 | 2685.1411 |
| March | 2718.3656 | 2669.9179 | 2685.2642 |
| April | 2673.7839 | 2665.2445 | 2670.5973 |
| May | 2718.9124 | 2654.6244 | 2672.3571 |
| June | 2642.2637 | 2592.3053 | 2605.0442 |
| July | 4128.8788 | 2611.0998 | 2679.1945 |
| August | 2655.5411 | 2627.3423 | 2642.1060 |
| September | 2676.1485 | 2652.7681 | 2668.5815 |
| October | 2688.3981 | 2673.1976 | 2680.3355 |
| November | 2701.3999 | 2675.9498 | 2690.3008 |
| December | 2701.7633 | 2672.2559 | 2683.6466 |