2016 EGP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 1031.9294. Conversely, the yearly low was recorded on December 20, dropping to 479.7280.
This high-to-low spread represents a total annual volatility of 552.2014 GNF. From a start-to-finish perspective, comparing the January average rate of 987.9158 to the December average rate of 504.3462, the exchange rate registered a net change of -48.95% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1031.9294 was up 1.60% compared to the 2015 peak of 1015.6467, 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 GNF 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 907.1754, compared to 865.3808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.7946 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 519.9708 GNF (High: 1031.9294 / Low: 511.9586). On the other end, April was the most stable month, with a tight range of 10.2150 GNF (High: 858.0644 / Low: 847.8494).
Growth Streaks & Declines
TrendsBetween May and September, 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 October and November, when the average rate fell by 409.9832 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 613.5266) against the same month in 2015 (average: 980.6802), the exchange rate shifted by -367.1536 (-37.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 999.1896 | 978.9320 | 987.9158 |
| February | 992.5024 | 972.4889 | 983.1109 |
| March | 977.3024 | 852.3877 | 909.6367 |
| April | 858.0644 | 847.8494 | 854.2299 |
| May | 851.6140 | 823.3389 | 833.3733 |
| June | 1013.2955 | 818.5486 | 874.7856 |
| July | 1017.5804 | 992.1860 | 1008.0745 |
| August | 1029.7623 | 1006.1715 | 1019.0147 |
| September | 1031.4256 | 1014.5044 | 1023.8130 |
| October | 1029.1009 | 1014.4548 | 1023.5098 |
| November | 1031.9294 | 511.9586 | 613.5266 |
| December | 521.9787 | 479.7280 | 504.3462 |