2024 AZN to EGP Historical Review

YEARLY HIGH

30.0452 EGP

YEARLY LOW

18.0351 EGP

YEARLY AVERAGE

26.6536 EGP

2024 AZN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 30.0452. Conversely, the yearly low was recorded on January 5, dropping to 18.0351.

This high-to-low spread represents a total annual volatility of 12.0102 EGP. From a start-to-finish perspective, comparing the January average rate of 18.1666 to the December average rate of 29.7451, the exchange rate registered a net change of 63.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.0452 was up 64.49% compared to the 2023 peak of 18.2651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150,226 EGP

2023 Average 90,148 EGP

Yearly Trough Low 90,175 EGP

Transaction Impact: A difference of 60,050.80 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

30.9030

17.0087

JanuMarcMayJulySeptNove

AZN 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 24.4792, compared to 28.8281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3489 points.

H1 Avg (Jan–Jun) 24.4792

H2 Avg (Jul–Dec) 28.8281

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 10.9908 EGP (High: 29.1479 / Low: 18.1571). On the other end, January was the most stable month, with a tight range of 0.2193 EGP (High: 18.2544 / Low: 18.0351).

March Spread (Volatile) ±10.9908

January Spread (Stable) ±0.2193

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.3037 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 29.7451) against the same month in 2023 (average: 18.1763), the exchange rate shifted by +11.5688 (+63.65%).

2024 Avg (December) 29.7451

2023 Avg (December) 18.1763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2544	18.0351	18.1666
February	18.3518	18.1318	18.1818
March	29.1479	18.1571	26.5341
April	28.5335	27.7377	28.1164
May	28.2134	27.4332	27.8127
June	28.4604	27.7055	28.0636
July	28.5682	28.1946	28.3381
August	29.0451	28.5764	28.7658
September	28.6466	28.4011	28.4982
October	28.7944	28.3693	28.5785
November	29.2455	28.6802	29.0429
December	30.0452	29.2462	29.7451