YEARLY HIGH
0.3077 EGP
YEARLY LOW
0.2977 EGP
YEARLY AVERAGE
0.3047 EGP

2021 GMD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.3077. Conversely, the yearly low was recorded on December 19, dropping to 0.2977.

This high-to-low spread represents a total annual volatility of 0.0101 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3042 to the December average rate of 0.2992, the exchange rate registered a net change of -1.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3077 was down 2.42% compared to the 2020 peak of 0.3154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 1,539 EGP
2020 Average 1,536 EGP
Yearly Trough Low 1,488 EGP
Transaction Impact: A difference of 50.43 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3078
0.2984
JanuMarcMayJulySeptNove

GMD to EGP 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 0.3057, compared to 0.3038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.3057
H2 Avg (Jul–Dec) 0.3038

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0052 EGP (High: 0.3072 / Low: 0.3021). On the other end, August was the most stable month, with a tight range of 0.0007 EGP (High: 0.3073 / Low: 0.3066).

September Spread (Volatile) ±0.0052
August Spread (Stable) ±0.0007

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 September and October, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.3061) against the same month in 2020 (average: 0.3080), the exchange rate shifted by -0.0019 (-0.62%).

2021 Avg (March) 0.3061
2020 Avg (March) 0.3080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3061 0.3026 0.3042
February 0.3064 0.3030 0.3046
March 0.3077 0.3051 0.3061
April 0.3074 0.3047 0.3068
May 0.3067 0.3054 0.3060
June 0.3070 0.3056 0.3063
July 0.3071 0.3060 0.3067
August 0.3073 0.3066 0.3070
September 0.3072 0.3021 0.3055
October 0.3052 0.3017 0.3032
November 0.3026 0.2997 0.3010
December 0.3001 0.2977 0.2992