2017 EGP to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EGP to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EGP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 1.5557. Conversely, the yearly low was recorded on January 23, dropping to 1.1850.
This high-to-low spread represents a total annual volatility of 0.3707 ETB. From a start-to-finish perspective, comparing the January average rate of 1.2117 to the December average rate of 1.5359, the exchange rate registered a net change of 26.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 1.5557 was down 43.09% compared to the 2016 peak of 2.7337, 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 ETB 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 1.2760, compared to 1.4152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1393 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.2428 ETB (High: 1.4464 / Low: 1.2036). On the other end, September was the most stable month, with a tight range of 0.0186 ETB (High: 1.3401 / Low: 1.3216).
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 0.0502 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 1.5458) against the same month in 2016 (average: 1.5009), the exchange rate shifted by +0.0450 (+3.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.2587 | 1.1850 | 1.2117 |
| February | 1.4464 | 1.2036 | 1.3412 |
| March | 1.4153 | 1.2450 | 1.2910 |
| April | 1.2815 | 1.2524 | 1.2648 |
| May | 1.2839 | 1.2608 | 1.2716 |
| June | 1.2932 | 1.2642 | 1.2755 |
| July | 1.3103 | 1.2792 | 1.2967 |
| August | 1.3336 | 1.3029 | 1.3146 |
| September | 1.3401 | 1.3216 | 1.3322 |
| October | 1.5493 | 1.3277 | 1.4664 |
| November | 1.5557 | 1.5338 | 1.5458 |
| December | 1.5500 | 1.5168 | 1.5359 |