YEARLY HIGH
0.0870 SGD
YEARLY LOW
0.0542 SGD
YEARLY AVERAGE
0.0732 SGD

2022 EGP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0870. Conversely, the yearly low was recorded on December 31, dropping to 0.0542.

This high-to-low spread represents a total annual volatility of 0.0328 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0859 to the December average rate of 0.0548, the exchange rate registered a net change of -36.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0870 was down 0.39% compared to the 2021 peak of 0.0874, 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 435 SGD
2021 Average 428 SGD
Yearly Trough Low 271 SGD
Transaction Impact: A difference of 163.98 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0890
0.0517
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 0.0794, compared to 0.0669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.0794
H2 Avg (Jul–Dec) 0.0669

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0150 SGD (High: 0.0735 / Low: 0.0585). On the other end, June was the most stable month, with a tight range of 0.0010 SGD (High: 0.0745 / Low: 0.0735).

October Spread (Volatile) ±0.0150
June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0142 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0820) against the same month in 2021 (average: 0.0855), the exchange rate shifted by -0.0035 (-4.09%).

2022 Avg (March) 0.0820
2021 Avg (March) 0.0855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0866 0.0854 0.0859
February 0.0863 0.0853 0.0857
March 0.0870 0.0732 0.0820
April 0.0750 0.0731 0.0741
May 0.0762 0.0735 0.0749
June 0.0745 0.0735 0.0739
July 0.0745 0.0729 0.0738
August 0.0729 0.0716 0.0723
September 0.0738 0.0721 0.0729
October 0.0735 0.0585 0.0709
November 0.0589 0.0554 0.0567
December 0.0552 0.0542 0.0548