2016 EGP to GMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to GMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 5.0677. Conversely, the yearly low was recorded on December 20, dropping to 2.1736.
This high-to-low spread represents a total annual volatility of 2.8941 GMD. From a start-to-finish perspective, comparing the January average rate of 5.0447 to the December average rate of 2.3275, the exchange rate registered a net change of -53.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 5.0677 was down 16.58% compared to the 2015 peak of 6.0747, 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 GMD 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 4.8931, compared to 4.0703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8228 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 2.4295 GMD (High: 4.8234 / Low: 2.3939). On the other end, October was the most stable month, with a tight range of 0.0279 GMD (High: 4.8220 / Low: 4.7941).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.9347 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 4.8435) against the same month in 2015 (average: 5.6439), the exchange rate shifted by -0.8004 (-14.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.0650 | 5.0110 | 5.0447 |
| February | 5.0540 | 5.0054 | 5.0395 |
| March | 5.0677 | 4.4091 | 4.8435 |
| April | 4.8317 | 4.7737 | 4.8054 |
| May | 4.8365 | 4.7964 | 4.8158 |
| June | 4.8484 | 4.7664 | 4.8096 |
| July | 4.8219 | 4.7841 | 4.8078 |
| August | 4.8337 | 4.7794 | 4.8057 |
| September | 4.8162 | 4.7858 | 4.8012 |
| October | 4.8220 | 4.7941 | 4.8072 |
| November | 4.8234 | 2.3939 | 2.8725 |
| December | 2.4289 | 2.1736 | 2.3275 |