YEARLY HIGH
0.1315 FJD
YEARLY LOW
0.1089 FJD
YEARLY AVERAGE
0.1156 FJD

2017 EGP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.1315. Conversely, the yearly low was recorded on February 4, dropping to 0.1089.

This high-to-low spread represents a total annual volatility of 0.0227 FJD. From a start-to-finish perspective, comparing the January average rate of 0.1118 to the December average rate of 0.1159, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1315 was down 52.83% compared to the 2016 peak of 0.2788, 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 658 FJD
2016 Average 1,117 FJD
Yearly Trough Low 544 FJD
Transaction Impact: A difference of 113.28 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1227
0.1109
JanuMarcMayJulySeptNove

EGP to FJD 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 0.1161, compared to 0.1151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1161
H2 Avg (Jul–Dec) 0.1151

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0227 FJD (High: 0.1315 / Low: 0.1089). On the other end, November was the most stable month, with a tight range of 0.0019 FJD (High: 0.1184 / Low: 0.1165).

February Spread (Volatile) ±0.0227
November Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0038 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.1217) against the same month in 2016 (average: 0.2726), the exchange rate shifted by -0.1508 (-55.33%).

2017 Avg (February) 0.1217
2016 Avg (February) 0.2726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1179 0.1089 0.1118
February 0.1315 0.1089 0.1217
March 0.1297 0.1137 0.1180
April 0.1167 0.1140 0.1153
May 0.1172 0.1147 0.1158
June 0.1163 0.1127 0.1139
July 0.1152 0.1119 0.1134
August 0.1153 0.1121 0.1137
September 0.1155 0.1134 0.1143
October 0.1177 0.1150 0.1161
November 0.1184 0.1165 0.1173
December 0.1177 0.1146 0.1159