YEARLY HIGH
0.0926 SGD
YEARLY LOW
0.0839 SGD
YEARLY AVERAGE
0.0873 SGD

2020 EGP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0926. Conversely, the yearly low was recorded on January 1, dropping to 0.0839.

This high-to-low spread represents a total annual volatility of 0.0087 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0850 to the December average rate of 0.0849, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0926 was up 8.78% compared to the 2019 peak of 0.0851, 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 463 SGD
2019 Average 406 SGD
Yearly Trough Low 419 SGD
Transaction Impact: A difference of 43.65 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0909
0.0844
JanuMarcMayJulySeptNove

EGP to SGD 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 0.0884, compared to 0.0861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0884
H2 Avg (Jul–Dec) 0.0861

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0045 SGD (High: 0.0926 / Low: 0.0881). On the other end, August was the most stable month, with a tight range of 0.0007 SGD (High: 0.0862 / Low: 0.0856).

March Spread (Volatile) ±0.0045
August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0903) against the same month in 2019 (average: 0.0779), the exchange rate shifted by +0.0124 (+15.88%).

2020 Avg (March) 0.0903
2019 Avg (March) 0.0779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0864 0.0839 0.0850
February 0.0901 0.0863 0.0886
March 0.0926 0.0881 0.0903
April 0.0914 0.0895 0.0903
May 0.0911 0.0893 0.0900
June 0.0884 0.0856 0.0862
July 0.0872 0.0859 0.0867
August 0.0862 0.0856 0.0859
September 0.0873 0.0857 0.0866
October 0.0872 0.0862 0.0866
November 0.0871 0.0856 0.0860
December 0.0854 0.0840 0.0849