2016 EGP to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 13.0975. Conversely, the yearly low was recorded on December 20, dropping to 5.4302.
This high-to-low spread represents a total annual volatility of 7.6673 CVE. From a start-to-finish perspective, comparing the January average rate of 12.9603 to the December average rate of 5.6872, the exchange rate registered a net change of -56.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 13.0975 was down 4.42% compared to the 2015 peak of 13.7031, 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 CVE 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 11.7491, compared to 9.5295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2197 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 5.6822 CVE (High: 11.2905 / Low: 5.6083). On the other end, September was the most stable month, with a tight range of 0.1072 CVE (High: 11.1339 / Low: 11.0266).
Growth Streaks & Declines
TrendsBetween April and July, 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 4.4044 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 12.9603) against the same month in 2015 (average: 13.0244), the exchange rate shifted by -0.0641 (-0.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.0975 | 12.8887 | 12.9603 |
| February | 12.9369 | 12.4734 | 12.6909 |
| March | 12.9650 | 10.9708 | 11.8567 |
| April | 11.0550 | 10.8675 | 10.9591 |
| May | 11.1594 | 10.7712 | 10.9644 |
| June | 11.3558 | 10.8903 | 11.0633 |
| July | 11.3026 | 11.1185 | 11.2154 |
| August | 11.2068 | 10.9573 | 11.0827 |
| September | 11.1339 | 11.0266 | 11.0834 |
| October | 11.4199 | 11.0490 | 11.2562 |
| November | 11.2905 | 5.6083 | 6.8518 |
| December | 5.8321 | 5.4302 | 5.6872 |