YEARLY HIGH
24.2762 EGP
YEARLY LOW
10.7976 EGP
YEARLY AVERAGE
13.4151 EGP

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.

Transfer Payout Power Comparison

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

Yearly Peak High 121,381 EGP
2015 Average 58,919 EGP
Yearly Trough Low 53,988 EGP
Transaction Impact: A difference of 67,393.12 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

24.1604
9.7622
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 12.1102
H2 Avg (Jul–Dec) 14.7199

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±11.4986
May Spread (Stable) ±0.3044

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9276

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (December) 22.9606
2015 Avg (December) 11.7347

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