YEARLY HIGH
0.9491 TRY
YEARLY LOW
0.7540 TRY
YEARLY AVERAGE
0.8678 TRY

2022 EGP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 0.9491. Conversely, the yearly low was recorded on December 14, dropping to 0.7540.

This high-to-low spread represents a total annual volatility of 0.1951 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8608 to the December average rate of 0.7565, the exchange rate registered a net change of -12.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9491 was down 10.39% compared to the 2021 peak of 1.0592, 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 4,746 TRY
2021 Average 2,833 TRY
Yearly Trough Low 3,770 TRY
Transaction Impact: A difference of 975.75 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9633
0.7377
JanuMarcMayJulySeptNove

EGP to TRY 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 0.8602, compared to 0.8754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.8602
H2 Avg (Jul–Dec) 0.8754

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.1780 TRY (High: 0.9483 / Low: 0.7703). On the other end, December was the most stable month, with a tight range of 0.0052 TRY (High: 0.7592 / Low: 0.7540).

October Spread (Volatile) ±0.1780
December Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1633 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.9445) against the same month in 2021 (average: 0.5457), the exchange rate shifted by +0.3988 (+73.09%).

2022 Avg (September) 0.9445
2021 Avg (September) 0.5457

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8828 0.8298 0.8608
February 0.8934 0.8520 0.8678
March 0.9442 0.7962 0.8817
April 0.8071 0.7868 0.7983
May 0.8813 0.7975 0.8469
June 0.9256 0.8812 0.9060
July 0.9487 0.8905 0.9236
August 0.9469 0.9341 0.9413
September 0.9491 0.9397 0.9445
October 0.9483 0.7703 0.9250
November 0.7775 0.7557 0.7617
December 0.7592 0.7540 0.7565