YEARLY HIGH
7.0743 EGP
YEARLY LOW
6.7887 EGP
YEARLY AVERAGE
6.9282 EGP

2021 TOP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 7.0743. Conversely, the yearly low was recorded on February 21, dropping to 6.7887.

This high-to-low spread represents a total annual volatility of 0.2856 EGP. From a start-to-finish perspective, comparing the January average rate of 6.8890 to the December average rate of 6.8792, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.0743 was down 1.68% compared to the 2020 peak of 7.1954, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,371 EGP
2020 Average 34,354 EGP
Yearly Trough Low 33,943 EGP
Transaction Impact: A difference of 1,428.18 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.0286
6.8067
JanuMarcMayJulySeptNove

TOP 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 6.9106, compared to 6.9458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 6.9106
H2 Avg (Jul–Dec) 6.9458

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1462 EGP (High: 7.0339 / Low: 6.8878). On the other end, December was the most stable month, with a tight range of 0.0643 EGP (High: 6.9115 / Low: 6.8473).

November Spread (Volatile) ±0.1462
December Spread (Stable) ±0.0643

Growth Streaks & Declines

Trends

Between February and June, 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 November and December, when the average rate fell by 0.0836 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0836

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 7.0101) against the same month in 2020 (average: 7.1191), the exchange rate shifted by -0.1090 (-1.53%).

2021 Avg (June) 7.0101
2020 Avg (June) 7.1191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9699 6.8368 6.8890
February 6.9122 6.7887 6.8252
March 6.9407 6.8208 6.8869
April 6.9367 6.8186 6.8944
May 7.0335 6.8969 6.9583
June 7.0743 6.9422 7.0101
July 6.9798 6.9132 6.9482
August 6.9778 6.8679 6.9359
September 7.0142 6.9065 6.9749
October 7.0380 6.9171 6.9740
November 7.0339 6.8878 6.9628
December 6.9115 6.8473 6.8792