2017 EGP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EGP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EGP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 87.0803. Conversely, the yearly low was recorded on January 23, dropping to 71.1776.
This high-to-low spread represents a total annual volatility of 15.9027 MMK. From a start-to-finish perspective, comparing the January average rate of 72.8739 to the December average rate of 76.2554, the exchange rate registered a net change of 4.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 87.0803 was down 47.94% compared to the 2016 peak of 167.2745, 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 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 76.2099, compared to 76.6508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4409 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 14.5136 MMK (High: 87.0803 / Low: 72.5667). On the other end, October was the most stable month, with a tight range of 1.1510 MMK (High: 77.6885 / Low: 76.5375).
Growth Streaks & Declines
TrendsBetween June and October, 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 February and March, when the average rate fell by 3.3696 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 80.9635) against the same month in 2016 (average: 159.1607), the exchange rate shifted by -78.1973 (-49.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.6236 | 71.1776 | 72.8739 |
| February | 87.0803 | 72.5667 | 80.9635 |
| March | 84.3259 | 74.7480 | 77.5939 |
| April | 76.0048 | 74.3110 | 75.2613 |
| May | 75.9652 | 74.4082 | 75.3528 |
| June | 75.9683 | 74.5994 | 75.2140 |
| July | 76.7896 | 75.2221 | 76.0411 |
| August | 77.6234 | 75.9019 | 76.6180 |
| September | 77.8303 | 76.3469 | 77.1314 |
| October | 77.6885 | 76.5375 | 77.1668 |
| November | 77.4278 | 76.1710 | 76.6922 |
| December | 77.0469 | 75.4942 | 76.2554 |