2017 EGP to HKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EGP to HKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EGP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.4929. Conversely, the yearly low was recorded on January 23, dropping to 0.4082.
This high-to-low spread represents a total annual volatility of 0.0847 HKD. From a start-to-finish perspective, comparing the January average rate of 0.4165 to the December average rate of 0.4386, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.4929 was down 50.71% compared to the 2016 peak of 0.9999, 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 HKD 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 0.4347, compared to 0.4403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.0810 HKD (High: 0.4929 / Low: 0.4118). On the other end, October was the most stable month, with a tight range of 0.0019 HKD (High: 0.4431 / Low: 0.4412).
Growth Streaks & Declines
TrendsBetween April and September, 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 0.0180 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 0.4590) against the same month in 2016 (average: 0.9938), the exchange rate shifted by -0.5348 (-53.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.4313 | 0.4082 | 0.4165 |
| February | 0.4929 | 0.4118 | 0.4590 |
| March | 0.4809 | 0.4258 | 0.4410 |
| April | 0.4355 | 0.4277 | 0.4302 |
| May | 0.4329 | 0.4292 | 0.4305 |
| June | 0.4333 | 0.4295 | 0.4307 |
| July | 0.4378 | 0.4307 | 0.4359 |
| August | 0.4436 | 0.4376 | 0.4407 |
| September | 0.4443 | 0.4413 | 0.4428 |
| October | 0.4431 | 0.4412 | 0.4423 |
| November | 0.4429 | 0.4396 | 0.4418 |
| December | 0.4420 | 0.4365 | 0.4386 |