YEARLY HIGH
2.2897 EGP
YEARLY LOW
2.2416 EGP
YEARLY AVERAGE
2.2737 EGP

2021 BOB to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.2897. Conversely, the yearly low was recorded on June 13, dropping to 2.2416.

This high-to-low spread represents a total annual volatility of 0.0481 EGP. From a start-to-finish perspective, comparing the January average rate of 2.2806 to the December average rate of 2.2778, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2897 was down 2.65% compared to the 2020 peak of 2.3519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,449 EGP
2020 Average 11,453 EGP
Yearly Trough Low 11,208 EGP
Transaction Impact: A difference of 240.46 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2822
2.2631
JanuMarcMayJulySeptNove

BOB 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 2.2716, compared to 2.2759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 2.2716
H2 Avg (Jul–Dec) 2.2759

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0334 EGP (High: 2.2886 / Low: 2.2552). On the other end, September was the most stable month, with a tight range of 0.0078 EGP (High: 2.2803 / Low: 2.2725).

May Spread (Volatile) ±0.0334
September Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0130 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.2806) against the same month in 2020 (average: 2.2990), the exchange rate shifted by -0.0184 (-0.80%).

2021 Avg (January) 2.2806
2020 Avg (January) 2.2990

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2897 2.2682 2.2806
February 2.2810 2.2556 2.2676
March 2.2814 2.2615 2.2736
April 2.2829 2.2608 2.2728
May 2.2886 2.2552 2.2705
June 2.2736 2.2416 2.2647
July 2.2768 2.2666 2.2727
August 2.2785 2.2683 2.2746
September 2.2803 2.2725 2.2758
October 2.2813 2.2717 2.2759
November 2.2873 2.2732 2.2783
December 2.2851 2.2666 2.2778