YEARLY HIGH
1.0592 TRY
YEARLY LOW
0.4452 TRY
YEARLY AVERAGE
0.5657 TRY

2021 EGP to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 1.0592. Conversely, the yearly low was recorded on February 20, dropping to 0.4452.

This high-to-low spread represents a total annual volatility of 0.6139 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4709 to the December average rate of 0.8563, the exchange rate registered a net change of 81.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0592 was up 94.93% compared to the 2020 peak of 0.5434, 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 5,296 TRY
2020 Average 2,222 TRY
Yearly Trough Low 2,226 TRY
Transaction Impact: A difference of 3,069.73 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8966
0.4132
JanuMarcMayJulySeptNove

EGP to TRY 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 0.5038, compared to 0.6276 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1238 points.

H1 Avg (JanтАУJun) 0.5038
H2 Avg (JulтАУDec) 0.6276

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3782 TRY (High: 1.0592 / Low: 0.6810). On the other end, January was the most stable month, with a tight range of 0.0147 TRY (High: 0.4778 / Low: 0.4631).

December Spread (Volatile) ┬▒0.3782
January Spread (Stable) ┬▒0.0147

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0175 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.8563) against the same month in 2020 (average: 0.4909), the exchange rate shifted by +0.3654 (+74.42%).

2021 Avg (December) 0.8563
2020 Avg (December) 0.4909

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

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Month High Low Average
January 0.4778 0.4631 0.4709
February 0.4733 0.4452 0.4535
March 0.5299 0.4615 0.4901
April 0.5358 0.5123 0.5214
May 0.5479 0.5256 0.5355
June 0.5607 0.5363 0.5513
July 0.5546 0.5381 0.5479
August 0.5512 0.5299 0.5401
September 0.5681 0.5275 0.5457
October 0.6187 0.5634 0.5881
November 0.8576 0.6067 0.6875
December 1.0592 0.6810 0.8563