YEARLY HIGH
2.1540 ZAR
YEARLY LOW
0.7108 ZAR
YEARLY AVERAGE
1.5852 ZAR

2016 EGP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EGP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.1540. Conversely, the yearly low was recorded on December 20, dropping to 0.7108.

This high-to-low spread represents a total annual volatility of 1.4432 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.0795 to the December average rate of 0.7536, the exchange rate registered a net change of -63.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1540 was up 6.14% compared to the 2015 peak of 2.0294, 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 10,770 ZAR
2015 Average 8,278 ZAR
Yearly Trough Low 3,554 ZAR
Transaction Impact: A difference of 7,216.09 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.2121
0.6210
JanuMarcMayJulySeptNove

EGP to ZAR 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 1.8335, compared to 1.3368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4967 points.

H1 Avg (Jan–Jun) 1.8335
H2 Avg (Jul–Dec) 1.3368

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.7878 ZAR (High: 1.5335 / Low: 0.7456). On the other end, December was the most stable month, with a tight range of 0.0795 ZAR (High: 0.7903 / Low: 0.7108).

November Spread (Volatile) ±0.7878
December Spread (Stable) ±0.0795

Growth Streaks & Declines

Trends

No 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 0.6319 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.0795) against the same month in 2015 (average: 1.5921), the exchange rate shifted by +0.4875 (+30.62%).

2016 Avg (January) 2.0795
2015 Avg (January) 1.5921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1540 1.9744 2.0795
February 2.0641 1.9463 2.0177
March 2.0017 1.6641 1.8346
April 1.7162 1.6021 1.6459
May 1.7786 1.5989 1.7241
June 1.7621 1.6229 1.6993
July 1.6662 1.5647 1.6218
August 1.6542 1.5010 1.5517
September 1.6437 1.5218 1.5872
October 1.6110 1.5263 1.5693
November 1.5335 0.7456 0.9374
December 0.7903 0.7108 0.7536