YEARLY HIGH
1.2232 ZAR
YEARLY LOW
0.8733 ZAR
YEARLY AVERAGE
1.0415 ZAR

2020 EGP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 1.2232. Conversely, the yearly low was recorded on January 1, dropping to 0.8733.

This high-to-low spread represents a total annual volatility of 0.3499 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.9063 to the December average rate of 0.9478, the exchange rate registered a net change of 4.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2232 was up 29.79% compared to the 2019 peak of 0.9424, 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 6,116 ZAR
2019 Average 4,305 ZAR
Yearly Trough Low 4,366 ZAR
Transaction Impact: A difference of 1,749.51 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2089
0.8787
JanuMarcMayJulySeptNove

EGP to ZAR 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 1.0540, compared to 1.0289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 1.0540
H2 Avg (Jul–Dec) 1.0289

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1757 ZAR (High: 1.1510 / Low: 0.9753). On the other end, October was the most stable month, with a tight range of 0.0326 ZAR (High: 1.0639 / Low: 1.0313).

March Spread (Volatile) ±0.1757
October Spread (Stable) ±0.0326

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0934 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 1.1814) against the same month in 2019 (average: 0.8199), the exchange rate shifted by +0.3614 (+44.08%).

2020 Avg (April) 1.1814
2019 Avg (April) 0.8199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9498 0.8733 0.9063
February 1.0025 0.9352 0.9600
March 1.1510 0.9753 1.0645
April 1.2232 1.1425 1.1814
May 1.2102 1.0960 1.1526
June 1.0911 1.0209 1.0592
July 1.0708 1.0262 1.0475
August 1.1065 1.0444 1.0806
September 1.0891 1.0260 1.0599
October 1.0639 1.0313 1.0463
November 1.0361 0.9667 0.9917
December 0.9764 0.9251 0.9478