YEARLY HIGH
0.0874 SGD
YEARLY LOW
0.0834 SGD
YEARLY AVERAGE
0.0856 SGD

2021 EGP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0874. Conversely, the yearly low was recorded on January 2, dropping to 0.0834.

This high-to-low spread represents a total annual volatility of 0.0039 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0844 to the December average rate of 0.0867, the exchange rate registered a net change of 2.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0874 was down 5.64% compared to the 2020 peak of 0.0926, 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 437 SGD
2020 Average 436 SGD
Yearly Trough Low 417 SGD
Transaction Impact: A difference of 19.72 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0870
0.0842
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 0.0850, compared to 0.0863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0850
H2 Avg (Jul–Dec) 0.0863

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0017 SGD (High: 0.0860 / Low: 0.0843). On the other end, October was the most stable month, with a tight range of 0.0010 SGD (High: 0.0865 / Low: 0.0855).

June Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0867) against the same month in 2020 (average: 0.0849), the exchange rate shifted by +0.0018 (+2.17%).

2021 Avg (December) 0.0867
2020 Avg (December) 0.0849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0850 0.0834 0.0844
February 0.0852 0.0841 0.0848
March 0.0859 0.0844 0.0855
April 0.0859 0.0845 0.0851
May 0.0853 0.0842 0.0848
June 0.0860 0.0843 0.0852
July 0.0872 0.0858 0.0864
August 0.0869 0.0856 0.0863
September 0.0867 0.0853 0.0858
October 0.0865 0.0855 0.0860
November 0.0872 0.0856 0.0864
December 0.0874 0.0858 0.0867