YEARLY HIGH
0.5720 NOK
YEARLY LOW
0.4725 NOK
YEARLY AVERAGE
0.5241 NOK

2019 EGP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EGP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.5720. Conversely, the yearly low was recorded on January 9, dropping to 0.4725.

This high-to-low spread represents a total annual volatility of 0.0995 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4784 to the December average rate of 0.5606, the exchange rate registered a net change of 17.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5720 was up 16.75% compared to the 2018 peak of 0.4899, 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 2,860 NOK
2018 Average 2,286 NOK
Yearly Trough Low 2,363 NOK
Transaction Impact: A difference of 497.47 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5759
0.4695
JanuMarcMayJulySeptNove

EGP to NOK 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 0.4980, compared to 0.5502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0523 points.

H1 Avg (Jan–Jun) 0.4980
H2 Avg (Jul–Dec) 0.5502

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0225 NOK (High: 0.5354 / Low: 0.5129). On the other end, November was the most stable month, with a tight range of 0.0087 NOK (High: 0.5720 / Low: 0.5633).

July Spread (Volatile) ±0.0225
November Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0064 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.5633) against the same month in 2018 (average: 0.4613), the exchange rate shifted by +0.1020 (+22.11%).

2019 Avg (October) 0.5633
2018 Avg (October) 0.4613

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4904 0.4725 0.4784
February 0.4950 0.4780 0.4885
March 0.5038 0.4892 0.4951
April 0.5066 0.4896 0.4966
May 0.5241 0.5041 0.5135
June 0.5241 0.5079 0.5157
July 0.5354 0.5129 0.5189
August 0.5527 0.5348 0.5413
September 0.5589 0.5422 0.5503
October 0.5720 0.5570 0.5633
November 0.5720 0.5633 0.5670
December 0.5712 0.5493 0.5606