2017 EGP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EGP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EGP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 597.3991. Conversely, the yearly low was recorded on January 24, dropping to 487.6571.
This high-to-low spread represents a total annual volatility of 109.7420 GNF. From a start-to-finish perspective, comparing the January average rate of 502.9833 to the December average rate of 506.2859, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 597.3991 was down 42.11% compared to the 2016 peak of 1031.9294, 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 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 518.0137, compared to 506.6628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.3508 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 102.9986 GNF (High: 597.3991 / Low: 494.4005). On the other end, November was the most stable month, with a tight range of 5.8558 GNF (High: 513.3467 / Low: 507.4909).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 24.8638 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 554.6530) against the same month in 2016 (average: 983.1109), the exchange rate shifted by -428.4579 (-43.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 523.1811 | 487.6571 | 502.9833 |
| February | 597.3991 | 494.4005 | 554.6530 |
| March | 577.5403 | 508.0390 | 529.7892 |
| April | 520.0094 | 496.8992 | 513.0776 |
| May | 515.9338 | 500.2484 | 506.7189 |
| June | 507.7248 | 493.3649 | 500.8599 |
| July | 510.0925 | 496.6485 | 502.7983 |
| August | 508.2592 | 499.0191 | 503.2982 |
| September | 511.1158 | 503.0723 | 508.2212 |
| October | 511.9091 | 505.7668 | 508.9757 |
| November | 513.3467 | 507.4909 | 510.3977 |
| December | 510.9517 | 503.5858 | 506.2859 |