YEARLY HIGH
0.0140 EGP
YEARLY LOW
0.0115 EGP
YEARLY AVERAGE
0.0131 EGP

2017 MMK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0140. Conversely, the yearly low was recorded on February 21, dropping to 0.0115.

This high-to-low spread represents a total annual volatility of 0.0026 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0137 to the December average rate of 0.0131, the exchange rate registered a net change of -4.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0140 was down 1.31% compared to the 2016 peak of 0.0142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70 EGP
2016 Average 40 EGP
Yearly Trough Low 57 EGP
Transaction Impact: A difference of 12.83 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0139
0.0123
JanuMarcMayJulySeptNove

MMK 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 0.0131, compared to 0.0130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0131
H2 Avg (Jul–Dec) 0.0130

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0023 EGP (High: 0.0138 / Low: 0.0115). On the other end, October was the most stable month, with a tight range of 0.0002 EGP (High: 0.0131 / Low: 0.0129).

February Spread (Volatile) ±0.0023
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0137) against the same month in 2016 (average: 0.0060), the exchange rate shifted by +0.0077 (+127.81%).

2017 Avg (January) 0.0137
2016 Avg (January) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0140 0.0132 0.0137
February 0.0138 0.0115 0.0124
March 0.0134 0.0119 0.0129
April 0.0135 0.0132 0.0133
May 0.0134 0.0132 0.0133
June 0.0134 0.0132 0.0133
July 0.0133 0.0130 0.0132
August 0.0132 0.0129 0.0131
September 0.0131 0.0128 0.0130
October 0.0131 0.0129 0.0130
November 0.0131 0.0129 0.0130
December 0.0132 0.0130 0.0131