YEARLY HIGH
0.8284 EGP
YEARLY LOW
0.6679 EGP
YEARLY AVERAGE
0.7597 EGP

2017 HNL to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.8284. Conversely, the yearly low was recorded on February 21, dropping to 0.6679.

This high-to-low spread represents a total annual volatility of 0.1604 EGP. From a start-to-finish perspective, comparing the January average rate of 0.7978 to the December average rate of 0.7536, the exchange rate registered a net change of -5.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8284 was down 1.08% compared to the 2016 peak of 0.8374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HNL based on timing:

Yearly Peak High 4,142 EGP
2016 Average 2,195 EGP
Yearly Trough Low 3,340 EGP
Transaction Impact: A difference of 802.23 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8055
0.7136
JanuMarcMayJulySeptNove

HNL to EGP 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 0.7642, compared to 0.7553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.7642
H2 Avg (Jul–Dec) 0.7553

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.1303 EGP (High: 0.7982 / Low: 0.6679). On the other end, September was the most stable month, with a tight range of 0.0092 EGP (High: 0.7562 / Low: 0.7470).

February Spread (Volatile) ±0.1303
September Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0766 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0766

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.7978) against the same month in 2016 (average: 0.3491), the exchange rate shifted by +0.4488 (+128.55%).

2017 Avg (January) 0.7978
2016 Avg (January) 0.3491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8284 0.7726 0.7978
February 0.7982 0.6679 0.7213
March 0.7797 0.6857 0.7508
April 0.7776 0.7622 0.7709
May 0.7763 0.7662 0.7713
June 0.7798 0.7653 0.7729
July 0.7777 0.7592 0.7656
August 0.7657 0.7505 0.7604
September 0.7562 0.7470 0.7530
October 0.7570 0.7460 0.7510
November 0.7529 0.7437 0.7482
December 0.7589 0.7470 0.7536