YEARLY HIGH
8.4617 ISK
YEARLY LOW
7.6367 ISK
YEARLY AVERAGE
8.0906 ISK

2021 EGP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 8.4617. Conversely, the yearly low was recorded on June 2, dropping to 7.6367.

This high-to-low spread represents a total annual volatility of 0.8250 ISK. From a start-to-finish perspective, comparing the January average rate of 8.1806 to the December average rate of 8.2774, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.4617 was down 9.95% compared to the 2020 peak of 9.3963, 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 42,308 ISK
2020 Average 42,807 ISK
Yearly Trough Low 38,184 ISK
Transaction Impact: A difference of 4,124.87 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.3638
7.7409
JanuMarcMayJulySeptNove

EGP to ISK 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: JanтАУJun) was 8.0272, compared to 8.1540 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1268 points.

H1 Avg (JanтАУJun) 8.0272
H2 Avg (JulтАУDec) 8.1540

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.3565 ISK (High: 8.0406 / Low: 7.6841). On the other end, December was the most stable month, with a tight range of 0.1062 ISK (High: 8.3267 / Low: 8.2204).

May Spread (Volatile) ┬▒0.3565
December Spread (Stable) ┬▒0.1062

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1555 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 8.3119) against the same month in 2020 (average: 8.7244), the exchange rate shifted by -0.4126 (-4.73%).

2021 Avg (November) 8.3119
2020 Avg (November) 8.7244

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 8.2810 8.0589 8.1806
February 8.3020 8.0287 8.1888
March 8.1878 7.9521 8.1075
April 8.1250 7.8194 8.0244
May 8.0406 7.6841 7.8689
June 7.8983 7.6367 7.7928
July 8.0553 7.8509 7.9268
August 8.1473 7.8731 8.0349
September 8.3050 8.0482 8.1571
October 8.2808 8.1534 8.2160
November 8.4617 8.2220 8.3119
December 8.3267 8.2204 8.2774