2016 EGP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 167.2745. Conversely, the yearly low was recorded on December 20, dropping to 70.2478.
This high-to-low spread represents a total annual volatility of 97.0267 MMK. From a start-to-finish perspective, comparing the January average rate of 165.9537 to the December average rate of 73.3515, the exchange rate registered a net change of -55.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 167.2745 was down 0.39% compared to the 2015 peak of 167.9241, 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 MMK 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 144.9272, compared to 118.2691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 26.6582 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 72.9948 MMK (High: 145.1451 / Low: 72.1503). On the other end, June was the most stable month, with a tight range of 2.2484 MMK (High: 134.6568 / Low: 132.4083).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 56.2756 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 165.9537) against the same month in 2015 (average: 141.6931), the exchange rate shifted by +24.2606 (+17.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 167.2745 | 165.0181 | 165.9537 |
| February | 165.4224 | 156.5526 | 159.1607 |
| March | 158.5180 | 135.5220 | 145.3267 |
| April | 137.3020 | 131.0159 | 133.2360 |
| May | 133.8061 | 131.1940 | 132.1113 |
| June | 134.6568 | 132.4083 | 133.7750 |
| July | 133.9330 | 131.5252 | 132.7516 |
| August | 136.5042 | 133.2655 | 134.4072 |
| September | 141.7888 | 135.2481 | 138.4842 |
| October | 145.2352 | 140.8769 | 143.4478 |
| November | 145.1451 | 72.1503 | 87.1722 |
| December | 75.6230 | 70.2478 | 73.3515 |