YEARLY HIGH
0.5315 NOK
YEARLY LOW
0.4370 NOK
YEARLY AVERAGE
0.4641 NOK

2017 EGP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.5315. Conversely, the yearly low was recorded on February 1, dropping to 0.4370.

This high-to-low spread represents a total annual volatility of 0.0946 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4546 to the December average rate of 0.4666, the exchange rate registered a net change of 2.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5315 was down 53.49% compared to the 2016 peak of 1.1428, 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 2,658 NOK
2016 Average 4,494 NOK
Yearly Trough Low 2,185 NOK
Transaction Impact: A difference of 472.75 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4978
0.4389
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 0.4739, compared to 0.4544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.4739
H2 Avg (Jul–Dec) 0.4544

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0946 NOK (High: 0.5315 / Low: 0.4370). On the other end, December was the most stable month, with a tight range of 0.0088 NOK (High: 0.4703 / Low: 0.4615).

February Spread (Volatile) ±0.0946
December Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0120 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.4929) against the same month in 2016 (average: 1.0987), the exchange rate shifted by -0.6059 (-55.14%).

2017 Avg (February) 0.4929
2016 Avg (February) 1.0987

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4782 0.4395 0.4546
February 0.5315 0.4370 0.4929
March 0.5238 0.4656 0.4830
April 0.4811 0.4688 0.4756
May 0.4796 0.4600 0.4699
June 0.4728 0.4606 0.4672
July 0.4697 0.4402 0.4552
August 0.4491 0.4379 0.4444
September 0.4514 0.4384 0.4438
October 0.4636 0.4474 0.4533
November 0.4705 0.4595 0.4632
December 0.4703 0.4615 0.4666