2016 SHP to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SHP to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SHP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 24.2762. Conversely, the yearly low was recorded on October 27, dropping to 10.7976.
This high-to-low spread represents a total annual volatility of 13.4786 EGP. From a start-to-finish perspective, comparing the January average rate of 11.2796 to the December average rate of 22.9606, the exchange rate registered a net change of 103.56% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 24.2762 was up 95.77% compared to the 2015 peak of 12.4003, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SHP to EGP 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 12.1102, compared to 14.7199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6097 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 11.4986 EGP (High: 22.3633 / Low: 10.8647). On the other end, May was the most stable month, with a tight range of 0.3044 EGP (High: 13.0525 / Low: 12.7481).
Growth Streaks & Declines
TrendsBetween February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.9276 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 22.9606) against the same month in 2015 (average: 11.7347), the exchange rate shifted by +11.2258 (+95.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5652 | 11.0672 | 11.2796 |
| February | 11.4199 | 10.8609 | 11.2073 |
| March | 12.8682 | 10.9359 | 11.9917 |
| April | 12.9763 | 12.4786 | 12.6979 |
| May | 13.0525 | 12.7481 | 12.8798 |
| June | 13.2690 | 11.7320 | 12.6051 |
| July | 11.8503 | 11.4539 | 11.6775 |
| August | 11.8324 | 11.4402 | 11.6190 |
| September | 11.9100 | 11.5091 | 11.6674 |
| October | 11.5177 | 10.7976 | 10.9620 |
| November | 22.3633 | 10.8647 | 19.4330 |
| December | 24.2762 | 22.2661 | 22.9606 |