YEARLY HIGH
0.0551 EGP
YEARLY LOW
0.0465 EGP
YEARLY AVERAGE
0.0514 EGP

2020 HUF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.0551. Conversely, the yearly low was recorded on April 4, dropping to 0.0465.

This high-to-low spread represents a total annual volatility of 0.0086 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0532, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0551 was down 14.54% compared to the 2019 peak of 0.0644, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 55,051 EGP
2019 Average 57,950 EGP
Yearly Trough Low 46,497 EGP
Transaction Impact: A difference of 8,554.08 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0547
0.0475
JanuMarcMayJulySeptNove

HUF 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 0.0505, compared to 0.0523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0505
H2 Avg (Jul–Dec) 0.0523

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0063 EGP (High: 0.0532 / Low: 0.0469). On the other end, December was the most stable month, with a tight range of 0.0017 EGP (High: 0.0542 / Low: 0.0525).

March Spread (Volatile) ±0.0063
December Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0541) against the same month in 2019 (average: 0.0563), the exchange rate shifted by -0.0023 (-4.04%).

2020 Avg (August) 0.0541
2019 Avg (August) 0.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0546 0.0515 0.0528
February 0.0520 0.0496 0.0507
March 0.0532 0.0469 0.0503
April 0.0493 0.0465 0.0481
May 0.0507 0.0480 0.0490
June 0.0535 0.0510 0.0523
July 0.0549 0.0510 0.0523
August 0.0551 0.0527 0.0541
September 0.0532 0.0503 0.0516
October 0.0522 0.0498 0.0510
November 0.0520 0.0499 0.0515
December 0.0542 0.0525 0.0532