YEARLY HIGH
4.3721 EGP
YEARLY LOW
3.7977 EGP
YEARLY AVERAGE
4.0541 EGP

2021 PEN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 4.3721. Conversely, the yearly low was recorded on October 3, dropping to 3.7977.

This high-to-low spread represents a total annual volatility of 0.5744 EGP. From a start-to-finish perspective, comparing the January average rate of 4.3321 to the December average rate of 3.8870, the exchange rate registered a net change of -10.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.3721 was down 9.85% compared to the 2020 peak of 4.8496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,860 EGP
2020 Average 22,638 EGP
Yearly Trough Low 18,988 EGP
Transaction Impact: A difference of 2,872.08 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.3829
3.7732
JanuMarcMayJulySeptNove

PEN 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 4.2134, compared to 3.8948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3186 points.

H1 Avg (Jan–Jun) 4.2134
H2 Avg (Jul–Dec) 3.8948

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2719 EGP (High: 4.3721 / Low: 4.1002). On the other end, September was the most stable month, with a tight range of 0.0387 EGP (High: 3.8411 / Low: 3.8024).

April Spread (Volatile) ±0.2719
September Spread (Stable) ±0.0387

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1530 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1530

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 4.2539) against the same month in 2020 (average: 4.6363), the exchange rate shifted by -0.3824 (-8.25%).

2021 Avg (April) 4.2539
2020 Avg (April) 4.6363

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.3551 4.3058 4.3321
February 4.3262 4.2746 4.2971
March 4.3014 4.1794 4.2362
April 4.3721 4.1002 4.2539
May 4.2799 4.0709 4.1571
June 4.1032 3.9314 4.0041
July 4.0549 3.9426 3.9845
August 4.0036 3.8163 3.8503
September 3.8411 3.8024 3.8240
October 4.0106 3.7977 3.9114
November 3.9384 3.8737 3.9114
December 3.9614 3.8468 3.8870