2020 ERN to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ERN to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ERN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 16.2423. Conversely, the yearly low was recorded on March 8, dropping to 15.5023.
This high-to-low spread represents a total annual volatility of 0.7400 EGP. From a start-to-finish perspective, comparing the January average rate of 15.8983 to the December average rate of 15.6899, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 16.2423 was down 9.44% compared to the 2019 peak of 17.9355, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ERN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ERN to EGP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.8263, compared to 15.7953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0310 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was May, with a trading range of 0.3164 EGP (High: 15.8610 / Low: 15.5446). On the other end, April was the most stable month, with a tight range of 0.0505 EGP (High: 15.7978 / Low: 15.7473).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2157 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2020: 16.1655) against the same month in 2019 (average: 16.7252), the exchange rate shifted by -0.5597 (-3.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.0755 | 15.7703 | 15.8983 |
| February | 15.8285 | 15.5572 | 15.6825 |
| March | 15.7701 | 15.5023 | 15.6853 |
| April | 15.7978 | 15.7473 | 15.7661 |
| May | 15.8610 | 15.5446 | 15.7602 |
| June | 16.2423 | 15.9352 | 16.1655 |
| July | 16.1275 | 15.9344 | 16.0072 |
| August | 16.0257 | 15.8516 | 15.9360 |
| September | 15.8721 | 15.7334 | 15.7781 |
| October | 15.7508 | 15.6617 | 15.7089 |
| November | 15.7346 | 15.5864 | 15.6520 |
| December | 15.7669 | 15.5843 | 15.6899 |