YEARLY HIGH
21.5173 EGP
YEARLY LOW
18.0993 EGP
YEARLY AVERAGE
20.2950 EGP

2020 SHP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SHP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 21.5173. Conversely, the yearly low was recorded on March 19, dropping to 18.0993.

This high-to-low spread represents a total annual volatility of 3.4180 EGP. From a start-to-finish perspective, comparing the January average rate of 20.7885 to the December average rate of 21.1001, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.5173 was down 9.02% compared to the 2019 peak of 23.6504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,586 EGP
2019 Average 107,411 EGP
Yearly Trough Low 90,497 EGP
Transaction Impact: A difference of 17,089.78 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.2721
19.2076
JanuMarcMayJulySeptNove

SHP 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 19.9528, compared to 20.6371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6843 points.

H1 Avg (Jan–Jun) 19.9528
H2 Avg (Jul–Dec) 20.6371

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.4185 EGP (High: 20.5178 / Low: 18.0993). On the other end, October was the most stable month, with a tight range of 0.3691 EGP (High: 20.6172 / Low: 20.2480).

March Spread (Volatile) ±2.4185
October Spread (Stable) ±0.3691

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 February and March, when the average rate fell by 0.9271 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 21.1001) against the same month in 2019 (average: 21.0903), the exchange rate shifted by +0.0098 (+0.05%).

2020 Avg (December) 21.1001
2019 Avg (December) 21.0903

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.2593 20.5232 20.7885
February 20.8633 20.0406 20.3377
March 20.5178 18.0993 19.4106
April 19.9318 19.2464 19.5694
May 19.5996 19.0158 19.3797
June 20.6283 19.8941 20.2308
July 20.9457 20.0311 20.2770
August 21.2095 20.7697 20.9378
September 21.2684 20.0228 20.4343
October 20.6172 20.2480 20.3871
November 20.9497 20.3068 20.6865
December 21.5173 20.7802 21.1001