YEARLY HIGH
38.3641 XAF
YEARLY LOW
24.7387 XAF
YEARLY AVERAGE
32.9982 XAF

2022 EGP to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 38.3641. Conversely, the yearly low was recorded on December 31, dropping to 24.7387.

This high-to-low spread represents a total annual volatility of 13.6253 XAF. From a start-to-finish perspective, comparing the January average rate of 36.8603 to the December average rate of 25.1085, the exchange rate registered a net change of -31.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 38.3641 was up 3.00% compared to the 2021 peak of 37.2457, 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 191,820 XAF
2021 Average 176,722 XAF
Yearly Trough Low 123,694 XAF
Transaction Impact: A difference of 68,126.74 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

38.0355
23.9333
JanuMarcMayJulySeptNove

EGP to XAF 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 34.8877, compared to 31.1086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7790 points.

H1 Avg (Jan–Jun) 34.8877
H2 Avg (Jul–Dec) 31.1086

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 6.9099 XAF (High: 34.3526 / Low: 27.4426). On the other end, December was the most stable month, with a tight range of 0.7372 XAF (High: 25.4760 / Low: 24.7387).

October Spread (Volatile) ±6.9099
December Spread (Stable) ±0.7372

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 6.9315 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -6.9315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 35.9752) against the same month in 2021 (average: 35.1060), the exchange rate shifted by +0.8692 (+2.48%).

2022 Avg (March) 35.9752
2021 Avg (March) 35.1060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.3935 36.4782 36.8603
February 37.2488 36.4136 36.7829
March 38.3641 32.0806 35.9752
April 33.7888 32.4548 32.9130
May 34.4971 32.7263 33.6445
June 33.6374 32.7140 33.1501
July 34.6571 33.3297 34.0555
August 34.4327 33.2051 33.8547
September 35.0683 33.4494 34.1408
October 34.3526 27.4426 33.2120
November 27.7494 25.6296 26.2804
December 25.4760 24.7387 25.1085