2016 EGP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 44.1339. Conversely, the yearly low was recorded on December 20, dropping to 18.2561.
This high-to-low spread represents a total annual volatility of 25.8779 MRO. From a start-to-finish perspective, comparing the January average rate of 42.7365 to the December average rate of 19.4680, the exchange rate registered a net change of -54.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 44.1339 was up 2.82% compared to the 2015 peak of 42.9234, 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 MRO 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 41.0143, compared to 33.9669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0475 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 20.3266 MRO (High: 40.2450 / Low: 19.9184). On the other end, September was the most stable month, with a tight range of 0.2564 MRO (High: 40.2624 / Low: 40.0060).
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 16.1236 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 41.0470) against the same month in 2015 (average: 39.0613), the exchange rate shifted by +1.9857 (+5.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.9921 | 39.4305 | 42.7365 |
| February | 43.8978 | 42.0442 | 43.6497 |
| March | 44.1339 | 38.4820 | 41.0470 |
| April | 39.1708 | 38.5351 | 38.9335 |
| May | 40.1453 | 38.6198 | 39.6231 |
| June | 40.3726 | 39.9840 | 40.0962 |
| July | 40.2084 | 39.8406 | 39.9858 |
| August | 40.2421 | 39.8696 | 40.0379 |
| September | 40.2624 | 40.0060 | 40.0977 |
| October | 40.2946 | 39.9144 | 40.1677 |
| November | 40.2450 | 19.9184 | 24.0442 |
| December | 20.0640 | 18.2561 | 19.4680 |