YEARLY HIGH
1.9023 EGP
YEARLY LOW
1.5762 EGP
YEARLY AVERAGE
1.7659 EGP

2017 VEF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 1.9023. Conversely, the yearly low was recorded on February 21, dropping to 1.5762.

This high-to-low spread represents a total annual volatility of 0.3260 EGP. From a start-to-finish perspective, comparing the January average rate of 1.8651 to the December average rate of 1.7303, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9023 was down 3.16% compared to the 2016 peak of 1.9643, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,511 EGP
2016 Average 5,601 EGP
Yearly Trough Low 7,881 EGP
Transaction Impact: A difference of 1,630.13 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8816
1.6839
JanuMarcMayJulySeptNove

VEF 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 1.7882, compared to 1.7437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0445 points.

H1 Avg (Jan–Jun) 1.7882
H2 Avg (Jul–Dec) 1.7437

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.3088 EGP (High: 1.8850 / Low: 1.5762). On the other end, September was the most stable month, with a tight range of 0.0349 EGP (High: 1.7689 / Low: 1.7340).

February Spread (Volatile) ±0.3088
September Spread (Stable) ±0.0349

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 0.1647 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1647

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.8651) against the same month in 2016 (average: 1.2390), the exchange rate shifted by +0.6261 (+50.54%).

2017 Avg (January) 1.8651
2016 Avg (January) 1.2390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9023 1.8009 1.8651
February 1.8850 1.5762 1.7004
March 1.8273 1.6161 1.7658
April 1.8184 1.7734 1.7974
May 1.8146 1.7655 1.7961
June 1.8170 1.7779 1.8045
July 1.7985 1.7556 1.7748
August 1.7758 1.7120 1.7491
September 1.7689 1.7340 1.7526
October 1.7700 1.6666 1.7460
November 1.7724 1.6069 1.7091
December 1.7909 1.6451 1.7303