YEARLY HIGH
13.0975 CVE
YEARLY LOW
5.4302 CVE
YEARLY AVERAGE
10.6393 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 65,487 CVE
2015 Average 64,428 CVE
Yearly Trough Low 27,151 CVE
Transaction Impact: A difference of 38,336.27 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.6876
4.9599
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 11.7491
H2 Avg (Jul–Dec) 9.5295

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±5.6822
September Spread (Stable) ±0.1072

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.4044

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (January) 12.9603
2015 Avg (January) 13.0244

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