2022 EGP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 EGP to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the EGP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 2701.3414. Conversely, the yearly low was recorded on December 14, dropping to 1673.3980.
This high-to-low spread represents a total annual volatility of 1027.9434 IRR. From a start-to-finish perspective, comparing the January average rate of 2688.4635 to the December average rate of 1691.9704, the exchange rate registered a net change of -37.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 2701.3414 was up 0.01% compared to the 2021 peak of 2701.0816, 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 2022.
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 2463.1956, compared to 2028.5527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 434.6429 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 422.1264 IRR (High: 2701.3414 / Low: 2279.2151). On the other end, January was the most stable month, with a tight range of 8.6912 IRR (High: 2692.5764 / Low: 2683.8852).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 372.9540 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 2551.6828) against the same month in 2021 (average: 2681.3731), the exchange rate shifted by -129.6904 (-4.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2692.5764 | 2683.8852 | 2688.4635 |
| February | 2693.1413 | 2677.7631 | 2687.3549 |
| March | 2701.3414 | 2279.2151 | 2551.6828 |
| April | 2321.9729 | 2272.3610 | 2296.1070 |
| May | 2319.9571 | 2273.0003 | 2295.0346 |
| June | 2275.3129 | 2249.8044 | 2260.5307 |
| July | 2253.5764 | 2232.8734 | 2241.3993 |
| August | 2231.3902 | 2199.2446 | 2210.3239 |
| September | 2203.2193 | 2158.4677 | 2184.0098 |
| October | 2167.5655 | 1753.6343 | 2108.2833 |
| November | 1769.8047 | 1720.3355 | 1735.3293 |
| December | 1727.4234 | 1673.3980 | 1691.9704 |