YEARLY HIGH
7.4901 AFN
YEARLY LOW
4.8928 AFN
YEARLY AVERAGE
5.3133 AFN

2021 EGP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 7.4901. Conversely, the yearly low was recorded on January 10, dropping to 4.8928.

This high-to-low spread represents a total annual volatility of 2.5973 AFN. From a start-to-finish perspective, comparing the January average rate of 4.9205 to the December average rate of 6.4842, the exchange rate registered a net change of 31.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.4901 was up 51.05% compared to the 2020 peak of 4.9587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,450 AFN
2020 Average 24,303 AFN
Yearly Trough Low 24,464 AFN
Transaction Impact: A difference of 12,986.58 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.6406
4.7641
JanuMarcMayJulySeptNove

EGP to AFN 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 4.9548, compared to 5.6718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7169 points.

H1 Avg (Jan–Jun) 4.9548
H2 Avg (Jul–Dec) 5.6718

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.3827 AFN (High: 7.4901 / Low: 6.1074). On the other end, March was the most stable month, with a tight range of 0.0580 AFN (High: 4.9566 / Low: 4.8987).

December Spread (Volatile) ±1.3827
March Spread (Stable) ±0.0580

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0030 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.4842) against the same month in 2020 (average: 4.9121), the exchange rate shifted by +1.5721 (+32.01%).

2021 Avg (December) 6.4842
2020 Avg (December) 4.9121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.9850 4.8928 4.9205
February 4.9891 4.9089 4.9357
March 4.9566 4.8987 4.9327
April 5.0085 4.9100 4.9519
May 5.0224 4.9330 4.9654
June 5.0739 4.9996 5.0226
July 5.2194 5.0440 5.0995
August 5.4937 5.0803 5.2955
September 5.6563 5.3887 5.5187
October 5.7822 5.6830 5.7336
November 6.1181 5.7526 5.8991
December 7.4901 6.1074 6.4842