2018 EGP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 EGP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the EGP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 13989.6302. Conversely, the yearly low was recorded on January 1, dropping to 0.5622.
This high-to-low spread represents a total annual volatility of 13989.0680 VEF. From a start-to-finish perspective, comparing the January average rate of 0.5708 to the December average rate of 13873.9143, the exchange rate registered a net change of 2430489.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 13989.6302 was up 2204980.00% compared to the 2017 peak of 0.6344, 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 2018.
EGP to VEF 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 2394.9856, compared to 11798.9705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9403.9848 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 8007.1004 VEF (High: 13961.0456 / Low: 5953.9452). On the other end, January was the most stable month, with a tight range of 0.0305 VEF (High: 0.5927 / Low: 0.5622).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 14.8457 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 13885.8289) against the same month in 2017 (average: 0.5856), the exchange rate shifted by +13885.2433 (+2371263.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.5927 | 0.5622 | 0.5708 |
| February | 1641.9582 | 0.5651 | 924.5704 |
| March | 2283.9839 | 1639.0888 | 2063.9991 |
| April | 3787.8101 | 2272.5688 | 2831.5487 |
| May | 4473.2495 | 3873.8334 | 4076.1325 |
| June | 4494.1671 | 4463.8418 | 4473.0923 |
| July | 5980.1939 | 4459.0786 | 5090.7597 |
| August | 13961.0456 | 5953.9452 | 10173.7971 |
| September | 13961.0456 | 13844.3632 | 13892.1843 |
| October | 13904.0155 | 13846.6778 | 13877.3386 |
| November | 13989.6302 | 13837.4233 | 13885.8289 |
| December | 13902.9621 | 13830.2244 | 13873.9143 |