YEARLY HIGH
39.5126 XOF
YEARLY LOW
30.7339 XOF
YEARLY AVERAGE
32.7026 XOF

2017 EGP to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 39.5126. Conversely, the yearly low was recorded on December 30, dropping to 30.7339.

This high-to-low spread represents a total annual volatility of 8.7787 XOF. From a start-to-finish perspective, comparing the January average rate of 33.2377 to the December average rate of 31.0976, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 39.5126 was down 49.49% compared to the 2016 peak of 78.2329, 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 197,563 XOF
2016 Average 317,860 XOF
Yearly Trough Low 153,670 XOF
Transaction Impact: A difference of 43,893.46 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

37.1078
30.5513
JanuMarcMayJulySeptNove

EGP to XOF 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 33.9695, compared to 31.4357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.5337 points.

H1 Avg (Jan–Jun) 33.9695
H2 Avg (Jul–Dec) 31.4357

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 7.0030 XOF (High: 39.5126 / Low: 32.5096). On the other end, August was the most stable month, with a tight range of 0.5154 XOF (High: 31.5213 / Low: 31.0059).

February Spread (Volatile) ±7.0030
August Spread (Stable) ±0.5154

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.5988 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.5988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 36.5614) against the same month in 2016 (average: 75.9656), the exchange rate shifted by -39.4042 (-51.87%).

2017 Avg (February) 36.5614
2016 Avg (February) 75.9656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.6471 32.1849 33.2377
February 39.5126 32.5096 36.5614
March 38.5494 33.2371 34.9626
April 34.3661 33.3525 33.9110
May 33.3842 32.3143 32.8296
June 32.6782 31.7910 32.3145
July 32.4416 31.0036 31.7969
August 31.5213 31.0059 31.2672
September 31.6158 30.8894 31.2016
October 32.0055 31.3789 31.6326
November 32.0635 31.0732 31.6184
December 31.3257 30.7339 31.0976