2021 EGP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |