2017 SHP to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SHP to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SHP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 24.0257. Conversely, the yearly low was recorded on February 28, dropping to 19.5586.
This high-to-low spread represents a total annual volatility of 4.4670 EGP. From a start-to-finish perspective, comparing the January average rate of 23.0018 to the December average rate of 23.8786, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 24.0257 was down 1.03% compared to the 2016 peak of 24.2762, 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 2017.
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 22.5600, compared to 23.3893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8293 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 4.2963 EGP (High: 23.8549 / Low: 19.5586). On the other end, December was the most stable month, with a tight range of 0.2458 EGP (High: 24.0257 / Low: 23.7798).
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 January and February, when the average rate fell by 1.8066 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 23.8786) against the same month in 2016 (average: 22.9606), the exchange rate shifted by +0.9180 (+4.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.8760 | 22.0470 | 23.0018 |
| February | 23.8549 | 19.5586 | 21.1952 |
| March | 22.8967 | 19.8502 | 21.7721 |
| April | 23.3813 | 22.2702 | 22.8446 |
| May | 23.5339 | 23.0544 | 23.3731 |
| June | 23.6078 | 22.9159 | 23.1734 |
| July | 23.6229 | 23.0143 | 23.3083 |
| August | 23.6126 | 22.6574 | 22.9966 |
| September | 23.9752 | 22.7806 | 23.5005 |
| October | 23.6487 | 23.1004 | 23.2931 |
| November | 23.9236 | 23.0391 | 23.3588 |
| December | 24.0257 | 23.7798 | 23.8786 |