YEARLY HIGH
2.7218 EGP
YEARLY LOW
1.8404 EGP
YEARLY AVERAGE
2.2737 EGP

2020 TRY to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2.7218. Conversely, the yearly low was recorded on November 7, dropping to 1.8404.

This high-to-low spread represents a total annual volatility of 0.8814 EGP. From a start-to-finish perspective, comparing the January average rate of 2.6834 to the December average rate of 2.0377, the exchange rate registered a net change of -24.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7218 was down 20.24% compared to the 2019 peak of 3.4126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 136,089 EGP
2019 Average 148,279 EGP
Yearly Trough Low 92,019 EGP
Transaction Impact: A difference of 44,070.10 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7549
1.8963
JanuMarcMayJulySeptNove

TRY 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 2.4486, compared to 2.0988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3498 points.

H1 Avg (Jan–Jun) 2.4486
H2 Avg (Jul–Dec) 2.0988

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.2277 EGP (High: 2.0681 / Low: 1.8404). On the other end, June was the most stable month, with a tight range of 0.0662 EGP (High: 2.4049 / Low: 2.3387).

November Spread (Volatile) ±0.2277
June Spread (Stable) ±0.0662

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1710 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.6834) against the same month in 2019 (average: 3.3361), the exchange rate shifted by -0.6528 (-19.57%).

2020 Avg (January) 2.6834
2019 Avg (January) 3.3361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7218 2.6413 2.6834
February 2.6450 2.5038 2.5856
March 2.5740 2.3792 2.4729
April 2.3737 2.2535 2.3019
May 2.3551 2.1878 2.2768
June 2.4049 2.3387 2.3712
July 2.3553 2.2892 2.3297
August 2.3069 2.1498 2.1902
September 2.1534 2.0155 2.0907
October 2.0307 1.8764 1.9769
November 2.0681 1.8404 1.9679
December 2.1311 1.9909 2.0377