2016 EGP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 96.2134. Conversely, the yearly low was recorded on December 20, dropping to 36.8999.
This high-to-low spread represents a total annual volatility of 59.3135 MWK. From a start-to-finish perspective, comparing the January average rate of 88.0666 to the December average rate of 39.3177, the exchange rate registered a net change of -55.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 96.2134 was up 13.52% compared to the 2015 peak of 84.7553, 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 MWK 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 83.4867, compared to 68.4858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.0009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 40.6227 MWK (High: 80.8659 / Low: 40.2431). On the other end, September was the most stable month, with a tight range of 0.3850 MWK (High: 81.2443 / Low: 80.8593).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 32.5317 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 94.4242) against the same month in 2015 (average: 59.0022), the exchange rate shifted by +35.4221 (+60.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 93.3116 | 84.1530 | 88.0666 |
| February | 96.2134 | 91.3811 | 94.4242 |
| March | 94.9278 | 76.2778 | 83.7285 |
| April | 77.5952 | 75.8878 | 76.7292 |
| May | 79.8685 | 76.7941 | 78.4152 |
| June | 80.1835 | 78.2975 | 79.5568 |
| July | 80.8543 | 79.5580 | 80.3867 |
| August | 81.2372 | 80.3305 | 80.9160 |
| September | 81.2443 | 80.8593 | 81.0132 |
| October | 81.1176 | 80.3071 | 80.9065 |
| November | 80.8659 | 40.2431 | 48.3748 |
| December | 40.6659 | 36.8999 | 39.3177 |