YEARLY HIGH
1.1428 NOK
YEARLY LOW
0.4435 NOK
YEARLY AVERAGE
0.8993 NOK

2016 EGP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EGP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.1428. Conversely, the yearly low was recorded on December 20, dropping to 0.4435.

This high-to-low spread represents a total annual volatility of 0.6993 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1252 to the December average rate of 0.4659, the exchange rate registered a net change of -58.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.1428 was up 1.31% compared to the 2015 peak of 1.1280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 5,714 NOK
2015 Average 5,231 NOK
Yearly Trough Low 2,217 NOK
Transaction Impact: A difference of 3,496.62 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.1911
0.4000
JanuMarcMayJulySeptNove

EGP to NOK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.0043, compared to 0.7943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2100 points.

H1 Avg (Jan–Jun) 1.0043
H2 Avg (Jul–Dec) 0.7943

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.4648 NOK (High: 0.9268 / Low: 0.4620). On the other end, February was the most stable month, with a tight range of 0.0219 NOK (High: 1.1122 / Low: 1.0903).

November Spread (Volatile) ±0.4648
February Spread (Stable) ±0.0219

Growth Streaks & Declines

Trends

Between April and July, 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 0.3550 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 1.1252) against the same month in 2015 (average: 1.0560), the exchange rate shifted by +0.0692 (+6.55%).

2016 Avg (January) 1.1252
2015 Avg (January) 1.0560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1428 1.1029 1.1252
February 1.1122 1.0903 1.0987
March 1.1066 0.9334 1.0116
April 0.9401 0.9077 0.9267
May 0.9436 0.9040 0.9278
June 0.9628 0.9132 0.9355
July 0.9653 0.9352 0.9537
August 0.9584 0.9199 0.9357
September 0.9394 0.9008 0.9258
October 0.9325 0.8985 0.9198
November 0.9268 0.4620 0.5648
December 0.4772 0.4435 0.4659