YEARLY HIGH
0.5847 NOK
YEARLY LOW
0.5220 NOK
YEARLY AVERAGE
0.5478 NOK

2021 EGP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.5847. Conversely, the yearly low was recorded on April 28, dropping to 0.5220.

This high-to-low spread represents a total annual volatility of 0.0626 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5423 to the December average rate of 0.5709, the exchange rate registered a net change of 5.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5847 was down 22.40% compared to the 2020 peak of 0.7534, 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 2,923 NOK
2020 Average 2,979 NOK
Yearly Trough Low 2,610 NOK
Transaction Impact: A difference of 313.25 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5750
0.5262
JanuMarcMayJulySeptNove

EGP to NOK 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 0.5387, compared to 0.5570 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0183 points.

H1 Avg (JanтАУJun) 0.5387
H2 Avg (JulтАУDec) 0.5570

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0418 NOK (High: 0.5771 / Low: 0.5353). On the other end, May was the most stable month, with a tight range of 0.0124 NOK (High: 0.5362 / Low: 0.5238).

November Spread (Volatile) ┬▒0.0418
May Spread (Stable) ┬▒0.0124

Growth Streaks & Declines

Trends

Between May and August, 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 0.0126 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5709) against the same month in 2020 (average: 0.5547), the exchange rate shifted by +0.0162 (+2.91%).

2021 Avg (December) 0.5709
2020 Avg (December) 0.5547

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 0.5517 0.5345 0.5423
February 0.5514 0.5341 0.5431
March 0.5508 0.5348 0.5430
April 0.5442 0.5220 0.5350
May 0.5362 0.5238 0.5302
June 0.5543 0.5268 0.5383
July 0.5746 0.5462 0.5593
August 0.5759 0.5524 0.5640
September 0.5584 0.5453 0.5514
October 0.5491 0.5296 0.5388
November 0.5771 0.5353 0.5576
December 0.5847 0.5588 0.5709