YEARLY HIGH
22.3280 EGP
YEARLY LOW
20.7464 EGP
YEARLY AVERAGE
21.5942 EGP

2021 SHP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 22.3280. Conversely, the yearly low was recorded on December 20, dropping to 20.7464.

This high-to-low spread represents a total annual volatility of 1.5815 EGP. From a start-to-finish perspective, comparing the January average rate of 21.4384 to the December average rate of 20.9176, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 22.3280 was up 3.77% compared to the 2020 peak of 21.5173, 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 111,640 EGP
2020 Average 101,477 EGP
Yearly Trough Low 103,732 EGP
Transaction Impact: A difference of 7,907.71 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

22.1697
20.8037
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 21.7761, compared to 21.4123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3639 points.

H1 Avg (Jan–Jun) 21.7761
H2 Avg (Jul–Dec) 21.4123

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.7281 EGP (High: 22.1813 / Low: 21.4532). On the other end, March was the most stable month, with a tight range of 0.3888 EGP (High: 21.9653 / Low: 21.5765).

February Spread (Volatile) ±0.7281
March Spread (Stable) ±0.3888

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3696 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 22.0558) against the same month in 2020 (average: 19.3797), the exchange rate shifted by +2.6761 (+13.81%).

2021 Avg (May) 22.0558
2020 Avg (May) 19.3797

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.6621 21.1627 21.4384
February 22.1813 21.4532 21.7345
March 21.9653 21.5765 21.7616
April 21.9567 21.5281 21.7127
May 22.3280 21.6265 22.0558
June 22.2407 21.5950 21.9538
July 21.9361 21.3630 21.6727
August 21.8753 21.3870 21.6589
September 21.7738 21.0935 21.5869
October 21.7047 21.2932 21.5035
November 21.5372 20.9253 21.1339
December 21.2577 20.7464 20.9176