2018 EGP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 EGP to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the EGP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 2457.7462. Conversely, the yearly low was recorded on January 1, dropping to 2006.0762.
This high-to-low spread represents a total annual volatility of 451.6699 IRR. From a start-to-finish perspective, comparing the January average rate of 2036.1490 to the December average rate of 2359.2677, the exchange rate registered a net change of 15.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 2457.7462 was up 19.39% compared to the 2017 peak of 2058.5183, 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 2018.
EGP to IRR 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 2172.5838, compared to 2394.3128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 221.7289 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 271.8079 IRR (High: 2377.5679 / Low: 2105.7600). On the other end, September was the most stable month, with a tight range of 20.2056 IRR (High: 2425.2439 / Low: 2405.0383).
Growth Streaks & Declines
TrendsBetween April and August, 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 September and October, when the average rate fell by 38.6767 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 2419.7017) against the same month in 2017 (average: 1820.0136), the exchange rate shifted by +599.6880 (+32.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2090.0383 | 2006.0762 | 2036.1490 |
| February | 2111.9086 | 2087.8679 | 2097.4822 |
| March | 2137.9893 | 2113.8145 | 2127.3787 |
| April | 2137.3710 | 2111.9346 | 2122.9089 |
| May | 2377.5679 | 2105.7600 | 2280.2469 |
| June | 2385.6198 | 2356.5804 | 2371.3374 |
| July | 2457.7462 | 2379.5833 | 2419.7017 |
| August | 2456.9921 | 2409.3236 | 2423.9706 |
| September | 2425.2439 | 2405.0383 | 2413.4822 |
| October | 2409.8991 | 2369.6852 | 2374.8054 |
| November | 2391.6143 | 2366.2748 | 2374.6489 |
| December | 2376.1994 | 2343.4630 | 2359.2677 |