2024 AOA to EGP Historical Review

YEARLY HIGH

0.0595 EGP

YEARLY LOW

0.0370 EGP

YEARLY AVERAGE

0.0519 EGP

2024 AOA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 0.0595. Conversely, the yearly low was recorded on January 6, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0225 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0372 to the December average rate of 0.0554, the exchange rate registered a net change of 48.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0595 was down 3.00% compared to the 2023 peak of 0.0613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 297 EGP

2023 Average 235 EGP

Yearly Trough Low 185 EGP

Transaction Impact: A difference of 112.29 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0592

0.0352

JanuMarcMayJulySeptNove

AOA 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 0.0496, compared to 0.0542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0496

H2 Avg (Jul–Dec) 0.0542

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0224 EGP (High: 0.0595 / Low: 0.0371). On the other end, January was the most stable month, with a tight range of 0.0004 EGP (High: 0.0374 / Low: 0.0370).

March Spread (Volatile) ±0.0224

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0541) against the same month in 2023 (average: 0.0609), the exchange rate shifted by -0.0068 (-11.22%).

2024 Avg (March) 0.0541

2023 Avg (March) 0.0609

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0374	0.0370	0.0372
February	0.0375	0.0371	0.0372
March	0.0595	0.0371	0.0541
April	0.0579	0.0566	0.0572
May	0.0574	0.0549	0.0561
June	0.0566	0.0551	0.0558
July	0.0561	0.0548	0.0553
August	0.0561	0.0535	0.0550
September	0.0532	0.0513	0.0522
October	0.0537	0.0506	0.0531
November	0.0545	0.0535	0.0541
December	0.0560	0.0544	0.0554