2017 EGP to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EGP to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EGP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 108.0020. Conversely, the yearly low was recorded on January 23, dropping to 87.8478.
This high-to-low spread represents a total annual volatility of 20.1543 BIF. From a start-to-finish perspective, comparing the January average rate of 90.2193 to the December average rate of 98.7324, the exchange rate registered a net change of 9.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 108.0020 was down 46.17% compared to the 2016 peak of 200.6361, 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 2017.
EGP to BIF 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 95.0037, compared to 98.4416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4380 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 18.4263 BIF (High: 108.0020 / Low: 89.5758). On the other end, June was the most stable month, with a tight range of 1.0074 BIF (High: 95.9546 / Low: 94.9472).
Growth Streaks & Declines
TrendsBetween April and November, 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 February and March, when the average rate fell by 3.8279 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 100.1647) against the same month in 2016 (average: 199.1817), the exchange rate shifted by -99.0170 (-49.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.9774 | 87.8478 | 90.2193 |
| February | 108.0020 | 89.5758 | 100.1647 |
| March | 105.9184 | 92.7128 | 96.3367 |
| April | 95.0053 | 93.0494 | 93.9192 |
| May | 95.6957 | 93.3666 | 94.1523 |
| June | 95.9546 | 94.9472 | 95.2298 |
| July | 97.1596 | 94.1602 | 96.2846 |
| August | 99.1753 | 96.8055 | 97.9445 |
| September | 99.6392 | 98.3560 | 98.9329 |
| October | 100.2662 | 98.8857 | 99.3771 |
| November | 99.8754 | 98.6046 | 99.3784 |
| December | 99.4466 | 98.1721 | 98.7324 |