YEARLY HIGH
10.9106 EGP
YEARLY LOW
8.4897 EGP
YEARLY AVERAGE
10.2985 EGP

2017 BGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 10.9106. Conversely, the yearly low was recorded on February 21, dropping to 8.4897.

This high-to-low spread represents a total annual volatility of 2.4209 EGP. From a start-to-finish perspective, comparing the January average rate of 10.1251 to the December average rate of 10.7872, the exchange rate registered a net change of 6.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.9106 was up 4.58% compared to the 2016 peak of 10.4326, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,553 EGP
2016 Average 28,210 EGP
Yearly Trough Low 42,449 EGP
Transaction Impact: A difference of 12,104.50 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.9413
9.0916
JanuMarcMayJulySeptNove

BGN 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 9.9232, compared to 10.6739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7507 points.

H1 Avg (Jan–Jun) 9.9232
H2 Avg (Jul–Dec) 10.6739

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 1.8810 EGP (High: 10.3707 / Low: 8.4897). On the other end, August was the most stable month, with a tight range of 0.1859 EGP (High: 10.8307 / Low: 10.6448).

February Spread (Volatile) ±1.8810
August Spread (Stable) ±0.1859

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8793 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.8793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 10.7872) against the same month in 2016 (average: 9.9157), the exchange rate shifted by +0.8715 (+8.79%).

2017 Avg (December) 10.7872
2016 Avg (December) 9.9157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4562 9.6789 10.1251
February 10.3707 8.4897 9.2457
March 10.1259 8.7039 9.6441
April 10.1000 9.7439 9.8952
May 10.4012 10.0273 10.2308
June 10.6000 10.2576 10.3980
July 10.8338 10.3591 10.5667
August 10.8307 10.6448 10.7271
September 10.8786 10.6024 10.7514
October 10.6847 10.4784 10.6021
November 10.8011 10.4508 10.6089
December 10.9106 10.7003 10.7872