2020 EGP to NOK Historical Review

YEARLY HIGH

0.7534 NOK

YEARLY LOW

0.5426 NOK

YEARLY AVERAGE

0.5959 NOK

2020 EGP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.7534. Conversely, the yearly low was recorded on December 30, dropping to 0.5426.

This high-to-low spread represents a total annual volatility of 0.2108 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5626 to the December average rate of 0.5547, the exchange rate registered a net change of -1.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7534 was up 31.71% compared to the 2019 peak of 0.5720, 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 3,767 NOK

2019 Average 2,622 NOK

Yearly Trough Low 2,713 NOK

Transaction Impact: A difference of 1,053.84 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6716

0.5441

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 0.6170, compared to 0.5748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 0.6170

H2 Avg (Jul–Dec) 0.5748

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1620 NOK (High: 0.7534 / Low: 0.5914). On the other end, February was the most stable month, with a tight range of 0.0202 NOK (High: 0.6028 / Low: 0.5826).

March Spread (Volatile) ±0.1620

February Spread (Stable) ±0.0202

Growth Streaks & Declines

Trends

Between January and April, 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 0.0500 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6554) against the same month in 2019 (average: 0.4951), the exchange rate shifted by +0.1603 (+32.37%).

2020 Avg (March) 0.6554

2019 Avg (March) 0.4951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5826	0.5470	0.5626
February	0.6028	0.5826	0.5924
March	0.7534	0.5914	0.6554
April	0.6850	0.6467	0.6610
May	0.6633	0.6138	0.6404
June	0.6047	0.5707	0.5904
July	0.5921	0.5656	0.5810
August	0.5718	0.5500	0.5614
September	0.6065	0.5514	0.5801
October	0.6075	0.5817	0.5917
November	0.6094	0.5639	0.5801
December	0.5634	0.5426	0.5547