YEARLY HIGH
128.3496 CDF
YEARLY LOW
124.4139 CDF
YEARLY AVERAGE
126.8500 CDF

2021 EGP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 128.3496. Conversely, the yearly low was recorded on January 2, dropping to 124.4139.

This high-to-low spread represents a total annual volatility of 3.9357 CDF. From a start-to-finish perspective, comparing the January average rate of 125.5919 to the December average rate of 127.2822, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 128.3496 was up 1.39% compared to the 2020 peak of 126.5913, 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 641,748 CDF
2020 Average 585,261 CDF
Yearly Trough Low 622,070 CDF
Transaction Impact: A difference of 19,678.46 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

127.7065
125.3997
JanuMarcMayJulySeptNove

EGP to CDF 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 126.6398, compared to 127.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4205 points.

H1 Avg (Jan–Jun) 126.6398
H2 Avg (Jul–Dec) 127.0603

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 2.3087 CDF (High: 127.5932 / Low: 125.2845). On the other end, August was the most stable month, with a tight range of 0.8205 CDF (High: 127.1857 / Low: 126.3651).

March Spread (Volatile) ±2.3087
August Spread (Stable) ±0.8205

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 0.3549 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 127.1774) against the same month in 2020 (average: 124.1393), the exchange rate shifted by +3.0382 (+2.45%).

2021 Avg (October) 127.1774
2020 Avg (October) 124.1393

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 126.2463 124.4139 125.5919
February 127.0261 125.6935 126.4233
March 127.5932 125.2845 126.5774
April 127.7794 126.0942 126.7796
May 127.8586 126.7267 127.3799
June 127.6948 126.4675 127.0865
July 127.8074 126.3633 126.9947
August 127.1857 126.3651 126.6397
September 127.5932 126.2902 126.7535
October 128.3496 126.2769 127.1774
November 127.9211 127.0243 127.5143
December 127.6230 126.0914 127.2822