2017 EGP to PEN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EGP to PEN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EGP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.2066. Conversely, the yearly low was recorded on February 4, dropping to 0.1729.
This high-to-low spread represents a total annual volatility of 0.0337 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1793 to the December average rate of 0.1822, the exchange rate registered a net change of 1.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.2066 was down 54.18% compared to the 2016 peak of 0.4509, 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 PEN 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 0.1831, compared to 0.1830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 0.0337 PEN (High: 0.2066 / Low: 0.1729). On the other end, September was the most stable month, with a tight range of 0.0024 PEN (High: 0.1854 / Low: 0.1830).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 0.1927) against the same month in 2016 (average: 0.4476), the exchange rate shifted by -0.2548 (-56.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1878 | 0.1730 | 0.1793 |
| February | 0.2066 | 0.1729 | 0.1927 |
| March | 0.2035 | 0.1778 | 0.1853 |
| April | 0.1813 | 0.1783 | 0.1798 |
| May | 0.1824 | 0.1790 | 0.1809 |
| June | 0.1828 | 0.1789 | 0.1803 |
| July | 0.1824 | 0.1788 | 0.1812 |
| August | 0.1838 | 0.1814 | 0.1826 |
| September | 0.1854 | 0.1830 | 0.1840 |
| October | 0.1860 | 0.1831 | 0.1843 |
| November | 0.1926 | 0.1820 | 0.1837 |
| December | 0.1848 | 0.1808 | 0.1822 |