YEARLY HIGH
0.0586 EGP
YEARLY LOW
0.0366 EGP
YEARLY AVERAGE
0.0494 EGP

2024 ARS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 0.0586. Conversely, the yearly low was recorded on March 5, dropping to 0.0366.

This high-to-low spread represents a total annual volatility of 0.0220 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0378 to the December average rate of 0.0496, the exchange rate registered a net change of 31.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0586 was down 64.36% compared to the 2023 peak of 0.1644, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 293 EGP
2023 Average 584 EGP
Yearly Trough Low 183 EGP
Transaction Impact: A difference of 110.18 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0569
0.0353
JanuMarcMayJulySeptNove

ARS 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 0.0482, compared to 0.0505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0482
H2 Avg (Jul–Dec) 0.0505

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0220 EGP (High: 0.0586 / Low: 0.0366). On the other end, November was the most stable month, with a tight range of 0.0005 EGP (High: 0.0496 / Low: 0.0491).

March Spread (Volatile) ±0.0220
November Spread (Stable) ±0.0005

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 April and May, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0530) against the same month in 2023 (average: 0.1522), the exchange rate shifted by -0.0991 (-65.15%).

2024 Avg (March) 0.0530
2023 Avg (March) 0.1522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0383 0.0374 0.0378
February 0.0374 0.0367 0.0371
March 0.0586 0.0366 0.0530
April 0.0558 0.0546 0.0551
May 0.0547 0.0525 0.0534
June 0.0532 0.0525 0.0528
July 0.0529 0.0519 0.0523
August 0.0527 0.0511 0.0520
September 0.0510 0.0498 0.0505
October 0.0499 0.0493 0.0496
November 0.0496 0.0491 0.0494
December 0.0500 0.0492 0.0496