YEARLY HIGH
3.3596 GMD
YEARLY LOW
3.2495 GMD
YEARLY AVERAGE
3.2819 GMD

2021 EGP to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 3.3596. Conversely, the yearly low was recorded on March 23, dropping to 3.2495.

This high-to-low spread represents a total annual volatility of 0.1101 GMD. From a start-to-finish perspective, comparing the January average rate of 3.2878 to the December average rate of 3.3420, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.3596 was up 1.17% compared to the 2020 peak of 3.3209, 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 16,798 GMD
2020 Average 16,280 GMD
Yearly Trough Low 16,247 GMD
Transaction Impact: A difference of 550.50 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.3505
3.2491
JanuMarcMayJulySeptNove

EGP to GMD 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 3.2714, compared to 3.2924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 3.2714
H2 Avg (Jul–Dec) 3.2924

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0559 GMD (High: 3.3107 / Low: 3.2547). On the other end, August was the most stable month, with a tight range of 0.0069 GMD (High: 3.2611 / Low: 3.2542).

September Spread (Volatile) ±0.0559
August Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0158 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.3420) against the same month in 2020 (average: 3.2989), the exchange rate shifted by +0.0432 (+1.31%).

2021 Avg (December) 3.3420
2020 Avg (December) 3.2989

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3046 3.2668 3.2878
February 3.2999 3.2633 3.2825
March 3.2771 3.2495 3.2667
April 3.2818 3.2530 3.2592
May 3.2749 3.2602 3.2680
June 3.2723 3.2578 3.2644
July 3.2676 3.2559 3.2604
August 3.2611 3.2542 3.2576
September 3.3107 3.2547 3.2737
October 3.3142 3.2766 3.2987
November 3.3365 3.3048 3.3222
December 3.3596 3.3322 3.3420