YEARLY HIGH
0.9985 EGP
YEARLY LOW
0.8509 EGP
YEARLY AVERAGE
0.9333 EGP

2010 NOK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NOK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.9985. Conversely, the yearly low was recorded on June 8, dropping to 0.8509.

This high-to-low spread represents a total annual volatility of 0.1476 EGP. From a start-to-finish perspective, comparing the January average rate of 0.9483 to the December average rate of 0.9696, the exchange rate registered a net change of 2.24% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 4,992 EGP
Yearly Average 4,667 EGP
Yearly Trough Low 4,254 EGP
Transaction Impact: A difference of 737.93 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.9924
0.8670
JanuMarcMayJulySeptNove

NOK 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 0.9181, compared to 0.9485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0304 points.

H1 Avg (Jan–Jun) 0.9181
H2 Avg (Jul–Dec) 0.9485

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0883 EGP (High: 0.9425 / Low: 0.8542). On the other end, April was the most stable month, with a tight range of 0.0241 EGP (High: 0.9448 / Low: 0.9207).

May Spread (Volatile) ±0.0883
April Spread (Stable) ±0.0241

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0378 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 0.9820.

2010 Avg (October) 0.9820
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9711 0.9259 0.9483
February 0.9389 0.9114 0.9264
March 0.9411 0.9084 0.9262
April 0.9448 0.9207 0.9341
May 0.9425 0.8542 0.8964
June 0.8939 0.8509 0.8774
July 0.9385 0.8780 0.9078
August 0.9557 0.9020 0.9257
September 0.9747 0.9197 0.9415
October 0.9985 0.9715 0.9820
November 0.9984 0.9324 0.9647
December 0.9948 0.9425 0.9696