2021 EGP to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 EGP to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the EGP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 76.3557. Conversely, the yearly low was recorded on January 2, dropping to 68.5323.
This high-to-low spread represents a total annual volatility of 7.8234 KRW. From a start-to-finish perspective, comparing the January average rate of 69.9894 to the December average rate of 75.3574, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 76.3557 was down 4.73% compared to the 2020 peak of 80.1483, 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 2021.
EGP to KRW 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 71.2528, compared to 74.6017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3489 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 2.6675 KRW (High: 71.1998 / Low: 68.5323). On the other end, February was the most stable month, with a tight range of 1.1518 KRW (High: 71.7294 / Low: 70.5776).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6794 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 75.4634) against the same month in 2020 (average: 71.2422), the exchange rate shifted by +4.2213 (+5.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.1998 | 68.5323 | 69.9894 |
| February | 71.7294 | 70.5776 | 70.9823 |
| March | 72.5512 | 70.0889 | 71.9736 |
| April | 72.0428 | 70.7395 | 71.2942 |
| May | 72.4220 | 70.5945 | 71.6034 |
| June | 72.6039 | 70.6835 | 71.6737 |
| July | 73.5808 | 72.0987 | 72.9690 |
| August | 74.9524 | 72.7852 | 73.9196 |
| September | 75.6548 | 73.5953 | 74.6664 |
| October | 76.2595 | 74.2597 | 75.2344 |
| November | 76.3557 | 74.8384 | 75.4634 |
| December | 75.8094 | 74.5908 | 75.3574 |