2016 EGP to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 EGP to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the EGP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 28.1590. Conversely, the yearly low was recorded on December 20, dropping to 10.8644.
This high-to-low spread represents a total annual volatility of 17.2946 SYP. From a start-to-finish perspective, comparing the January average rate of 28.0974 to the December average rate of 11.6092, the exchange rate registered a net change of -58.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 28.1590 was down 1.23% compared to the 2015 peak of 28.5089, 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 SYP 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 26.0882, compared to 20.4651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6231 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 12.1706 SYP (High: 24.1122 / Low: 11.9416). On the other end, October was the most stable month, with a tight range of 0.0354 SYP (High: 24.1235 / Low: 24.0881).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 9.7243 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 26.2454) against the same month in 2015 (average: 26.7348), the exchange rate shifted by -0.4893 (-1.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.1584 | 27.9948 | 28.0974 |
| February | 28.0996 | 27.9715 | 28.0669 |
| March | 28.1590 | 24.5704 | 26.2454 |
| April | 24.7864 | 24.7160 | 24.7294 |
| May | 24.7738 | 24.6799 | 24.7167 |
| June | 24.8286 | 24.3993 | 24.6736 |
| July | 24.3994 | 24.2527 | 24.3289 |
| August | 24.3110 | 24.1431 | 24.2142 |
| September | 24.2183 | 24.0859 | 24.1410 |
| October | 24.1235 | 24.0881 | 24.1110 |
| November | 24.1122 | 11.9416 | 14.3866 |
| December | 12.0041 | 10.8644 | 11.6092 |