2021 SHP to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |