Afghani (AFN) To Egyptian Pound (EGP) Lowest Exchange Rate

| November 13, 2018

This report analyzes the lowest exchange rate of Afghani (AFN) - Egyptian Pound (EGP). The sections include the comparison to other similar currency pairs and losses during the lowest rate date. Additionally, you will find a section that analyzes how low other stronger currencies against AFN have gone.

The time range of analysis of this report is between 2014-12-01 and 2018-10-01. We will update this report regularly once in about 2 to 3 months.

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Below is a table of contents to help you navigate through the report.

  1. AFN/EGP Lowest Exchange Rate
  2. 1-Week, 1-Month and 1-Year Losses During AFN/EGP Lowest Rate
  3. Loss At Lowest Rate If You Had Bought Afghani (AFN) At Previous Highest Rate
  4. AFN/EGP Lowest Rate Compared To 3 Of The Strongest Currencies
  5. AFN/EGP Lowest Rate Compared To 3 Similar Currencies To Egyptian Pound (EGP)
  6. AFN to EGP - Top 10 Monthly & Weekly Lowest Rates

Recommended Reading: AFN/EGP highest rate report will help you look at the best performance of the currency pair in detail (for the same timeframe of analysis as this report).

1 AFN/EGP Lowest Exchange Rate

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The lowest rate for AFN/EGP pair was 0.1124. The corresponding date was 2016-02-21. We will not just stop with mentioning the rate. Rather we will be using a common sense approach to assess the magnitude of the rate drop. The method is explained in the next paragraph.

We will begin by finding the year of occurrence of the lowest exchange rate. For that year, we will be computing the annual and monthly average rates. We will then compare both the averages against the lowest rate.

Below table lists the computed average rates as well as the difference between the lowest rate and the averages.

Duration Average Rate Lowest Rate Vs Averages
Year (2016)0.1473-23.69 %
Month (02-2016)0.1868-39.83 %

Below is a visual representation of the table you just saw. The below graph compares the average rates against the lowest rate of Afghani (AFN) - Egyptian Pound (EGP).

Afghani (AFN) - Egyptian Pound (EGP) Lowest Rate
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2 1-Week, 1-Month and 1-Year Losses During AFN/EGP Lowest Rate

Someone who invested in Egyptian Pound (EGP) using Afghani (AFN) before the lowest rate day is bound to lose if he sold on that day. This section compares the losses one could have made by investing 1 week, 1 month and 1 year before the lowest exchange rate day.

Note: In case you see NA (Not Applicable) values in the below table that denotes a lack of data for the corresponding time range. For example, assume that the lowest rate was during the first week of the range of data used for this report. Then we will not be able to compute the value for someone who invested 1 year before.

Below table and graph represent the losses by investing in AFN/EGP pair (subject to data availability) for 1 week, 1 month and 1 year before 2016-02-21.

Days Before Lowest CloseClose (Rate)Losses(%)
1 Week 2016-02-140.1132-0.71 %
1 Month 2016-01-210.1137-1.14 %
1 Year 2015-02-200.1332-15.62 %
Afghani (AFN)-Egyptian Pound (EGP) Stock Losses - Week, Month, Year

Subject to data availability, below table summarizes the impact on a 1000 EGP invested in AFN 1 week, 1 month and 1 year before the lowest close rate date.

Days Before Lowest RateLosses(%)What happens to 1000 EGP invested?
1 Week -0.71 %992.9
1 Month-1.14 %988.6
1 Year-15.62 %843.8

3 Loss At Lowest Rate If You Had Bought AFN At Previous Highest Rate

Buying at high and selling when low is worst case scenario for any Forex investor. This section helps you assess the potential damage for an investor who invested in AFN/EGP during the highest rate day that occurred before the lowest rate day of 2016-02-21.

Previous Highest Rate DateClose (Rate)Lowest Close RateLosses(%)
2015-03-110.13340.1124-15.74 %

Above table has shown the losses in percentage. Now let us check the impact on a 1000 EGP invested. As per the loss percentage shown in the above table, the 1000 EGP would have become 842.6.

4 AFN/EGP Lowest Rate Compared To 3 Of The Strongest Currencies

Now let us compare the lowest rate of AFN/EGP pair with three others formed by 3 of the strongest currencies against AFN. In other words, we will be analyzing 3 pairs with the selected strong currencies as quote currencies (denoted after the slash symbol.)

To pick the strongest currencies we follow a simple method. We just check those pairs with Afghani (AFN) as base currency (before slash symbol) which have exchange rates among the lowest for the recent 12 month period ending 2018-10-01. The corresponding quote currencies are among the strongest ones.

AFN-EGP Lowest Rate Vs Strong Currencies

Now we are going to analyze the potential impact of the lowest rate on investments. There is no straightforward way to do it. However, we are going to do a simple analysis that will give you an idea of the potential losses. We are going to measure and compare the differences between the lowest rates and the average rates for the recent 12 month period between 2017-10-01 and 2018-10-01.

Recommended Reading: Have a look at the similar section in the AFN/EGP highest rate report to learn more in detail about this method.

CurrencyPairLowest RateAvg RateLowest Vs Avg. Rates (%)Difference (%)
Egyptian PoundAFN/EGP0.2340000.249653-6.27-
Unidad de FomentoAFN/CLF0.0003000.00030006.27
Kuwaiti DinarAFN/KWD0.0040000.004248-5.840.43
Bahraini DinarAFN/BHD0.0049000.005314-7.79-1.52

5 AFN/EGP Lowest Rate Compared To 3 Similar Currencies To AFN

In this section we are going to compare the performance ofAFN/EGP against similar rate pairs but with AFN as the base currency. In other words, the currency invested in will be the same in all the pairs under consideration. The range of observation is between 2014-12-01 and 2018-10-01

Below chart displays the lowest rates of EGP as well as 3 other similar currencies against AFN.

AFN to EGP Lowest Rate Alossest Similar Currencies

Below table lists the lowest rates of the currency pairs and a simple comparison. The final column shows the percentage difference between the lowest rates.

Note: A negative difference (last column value) for a currency pair indicates that the pair had lesser magnitude lowest rate than AFN/AFN.

CurrencyPairLowest RateDifference (%)
Egyptian PoundAFN/EGP0.112400-
Seychelles RupeeAFN/SCR0.17290053.83
LotiAFN/LSL0.16680048.4
LilangeniAFN/SZL0.16670048.31

6 AFN to EGP - Top 10 Monthly & Weekly Lowest Rates

This sections displays the monthly and weekly average lowest rates for the currency pair - AFN/EGP.

Top 10 Month-wise Highest Avg. Rates:

Month-YearAvg. Rate
February-20160.113308
January-20160.113712
December-20150.117500
November-20150.119004
September-20150.121748
October-20150.122500
March-20160.123332
December-20140.123403
August-20150.123815
January-20150.125759

Top 10 Weekly Highest Avg. Rates:

Week-YearAvg. Rate
Week 7-20160.112933
Week 8-20160.113067
Week 6-20160.113457
Week 4-20160.113617
Week 3-20160.113686
Week 2-20160.113700
Week 5-20160.113717
Week 1-20160.113800
Week 9-20160.113817
Week 0-20160.114000

Conclusion:

Hopefully, the report will help you in your forex investing

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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