2017 EGP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EGP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EGP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 22.8439. Conversely, the yearly low was recorded on January 23, dropping to 18.8090.
This high-to-low spread represents a total annual volatility of 4.0349 MRO. From a start-to-finish perspective, comparing the January average rate of 19.2590 to the December average rate of 19.9477, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 22.8439 was down 48.24% compared to the 2016 peak of 44.1339, 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 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 20.1038, compared to 20.3098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2060 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 3.7857 MRO (High: 22.8439 / Low: 19.0582). On the other end, September was the most stable month, with a tight range of 0.1878 MRO (High: 20.8326 / Low: 20.6448).
Growth Streaks & Declines
TrendsBetween June and September, 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 February and March, when the average rate fell by 0.8365 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 21.2381) against the same month in 2016 (average: 43.6497), the exchange rate shifted by -22.4116 (-51.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.0699 | 18.8090 | 19.2590 |
| February | 22.8439 | 19.0582 | 21.2381 |
| March | 22.2367 | 19.6708 | 20.4016 |
| April | 20.1251 | 19.6864 | 19.9291 |
| May | 19.9988 | 19.7742 | 19.8985 |
| June | 20.1417 | 19.7390 | 19.8965 |
| July | 20.3587 | 19.8470 | 20.1763 |
| August | 20.7957 | 20.2758 | 20.4806 |
| September | 20.8326 | 20.6448 | 20.7051 |
| October | 20.7977 | 20.0608 | 20.4616 |
| November | 20.2160 | 19.9312 | 20.0874 |
| December | 20.1044 | 19.8118 | 19.9477 |