YEARLY HIGH
0.4404 BOB
YEARLY LOW
0.3634 BOB
YEARLY AVERAGE
0.3895 BOB

2017 EGP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.4404. Conversely, the yearly low was recorded on January 23, dropping to 0.3634.

This high-to-low spread represents a total annual volatility of 0.0771 BOB. From a start-to-finish perspective, comparing the January average rate of 0.3716 to the December average rate of 0.3881, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4404 was down 50.14% compared to the 2016 peak of 0.8833, 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 2,202 BOB
2016 Average 3,691 BOB
Yearly Trough Low 1,817 BOB
Transaction Impact: A difference of 385.25 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4132
0.3678
JanuMarcMayJulySeptNove

EGP to BOB 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 0.3875, compared to 0.3915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.3875
H2 Avg (Jul–Dec) 0.3915

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0736 BOB (High: 0.4404 / Low: 0.3668). On the other end, May was the most stable month, with a tight range of 0.0052 BOB (High: 0.3869 / Low: 0.3817).

February Spread (Volatile) ±0.0736
May Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0162 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.4094) against the same month in 2016 (average: 0.8802), the exchange rate shifted by -0.4708 (-53.49%).

2017 Avg (February) 0.4094
2016 Avg (February) 0.8802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3873 0.3634 0.3716
February 0.4404 0.3668 0.4094
March 0.4291 0.3790 0.3932
April 0.3873 0.3793 0.3838
May 0.3869 0.3817 0.3839
June 0.3865 0.3805 0.3833
July 0.3909 0.3827 0.3880
August 0.3972 0.3888 0.3922
September 0.3992 0.3925 0.3957
October 0.3969 0.3900 0.3919
November 0.3971 0.3910 0.3930
December 0.3911 0.3836 0.3881