YEARLY HIGH
23.5887 ISK
YEARLY LOW
18.9859 ISK
YEARLY AVERAGE
21.6998 ISK

2010 EGP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the EGP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 23.5887. Conversely, the yearly low was recorded on November 4, dropping to 18.9859.

This high-to-low spread represents a total annual volatility of 4.6028 ISK. From a start-to-finish perspective, comparing the January average rate of 23.0934 to the December average rate of 19.9771, the exchange rate registered a net change of -13.49% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 117,944 ISK
Yearly Average 108,499 ISK
Yearly Trough Low 94,930 ISK
Transaction Impact: A difference of 23,014.05 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

23.7885
19.0737
JanuMarcMayJulySeptNove

EGP to ISK 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 23.0719, compared to 20.3278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7441 points.

H1 Avg (Jan–Jun) 23.0719
H2 Avg (Jul–Dec) 20.3278

Volatility Range Comparison

Volatility

The most volatile month in 2010 was July, with a trading range of 1.3011 ISK (High: 22.3518 / Low: 21.0507). On the other end, February was the most stable month, with a tight range of 0.3883 ISK (High: 23.5234 / Low: 23.1351).

July Spread (Volatile) ±1.3011
February Spread (Stable) ±0.3883

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.9723 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9723

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for March 2010 is 23.2631.

2010 Avg (March) 23.2631
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.4621 22.7465 23.0934
February 23.5234 23.1351 23.3956
March 23.5887 22.8684 23.2631
April 23.3277 22.7878 23.0938
May 23.4243 22.5512 23.0097
June 23.0452 22.2613 22.5756
July 22.3518 21.0507 21.6300
August 21.1768 20.6062 20.9590
September 20.9699 19.8645 20.4389
October 19.7487 19.2723 19.4666
November 20.2637 18.9859 19.4951
December 20.2483 19.6778 19.9771