2016 EGP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 118.9650. Conversely, the yearly low was recorded on November 8, dropping to 52.6790.
This high-to-low spread represents a total annual volatility of 66.2860 CDF. From a start-to-finish perspective, comparing the January average rate of 118.3657 to the December average rate of 63.3116, the exchange rate registered a net change of -46.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 118.9650 was down 8.40% compared to the 2015 peak of 129.8795, 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 2016.
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 110.4213, compared to 94.4128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.0085 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 54.7959 CDF (High: 107.4749 / Low: 52.6790). On the other end, April was the most stable month, with a tight range of 0.5074 CDF (High: 104.7575 / Low: 104.2501).
Growth Streaks & Declines
TrendsBetween May and August, 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 October and November, when the average rate fell by 42.9427 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 110.7091) against the same month in 2015 (average: 121.4342), the exchange rate shifted by -10.7251 (-8.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 118.7398 | 117.9581 | 118.3657 |
| February | 118.8137 | 118.0502 | 118.5310 |
| March | 118.9650 | 103.4645 | 110.7091 |
| April | 104.7575 | 104.2501 | 104.5361 |
| May | 104.8132 | 104.2659 | 104.5128 |
| June | 108.3595 | 102.7060 | 105.8731 |
| July | 109.9760 | 106.2020 | 107.1887 |
| August | 110.7339 | 109.2139 | 110.0374 |
| September | 110.6219 | 109.3506 | 110.0094 |
| October | 110.4711 | 108.0396 | 109.4361 |
| November | 107.4749 | 52.6790 | 66.4934 |
| December | 64.9672 | 59.5910 | 63.3116 |