2024 BGN to EGP Historical Review

YEARLY HIGH

27.9414 EGP

YEARLY LOW

16.9341 EGP

YEARLY AVERAGE

25.0629 EGP

2024 BGN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 27.9414. Conversely, the yearly low was recorded on February 13, dropping to 16.9341.

This high-to-low spread represents a total annual volatility of 11.0073 EGP. From a start-to-finish perspective, comparing the January average rate of 17.2286 to the December average rate of 27.0779, the exchange rate registered a net change of 57.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.9414 was up 57.21% compared to the 2023 peak of 17.7730, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139,707 EGP

2023 Average 84,790 EGP

Yearly Trough Low 84,671 EGP

Transaction Impact: A difference of 55,036.44 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.6122

16.0069

JanuMarcMayJulySeptNove

BGN 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 22.9957, compared to 27.1302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1345 points.

H1 Avg (Jan–Jun) 22.9957

H2 Avg (Jul–Dec) 27.1302

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 10.5259 EGP (High: 27.6317 / Low: 17.1058). On the other end, February was the most stable month, with a tight range of 0.2694 EGP (High: 17.2036 / Low: 16.9341).

March Spread (Volatile) ±10.5259

February Spread (Stable) ±0.2694

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.4504 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4504

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 27.5618) against the same month in 2023 (average: 17.2368), the exchange rate shifted by +10.3250 (+59.90%).

2024 Avg (August) 27.5618

2023 Avg (August) 17.2368

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.5163	17.1023	17.2286
February	17.2036	16.9341	17.0573
March	27.6317	17.1058	25.0841
April	26.4697	25.8621	26.2132
May	26.4316	25.8758	26.1378
June	26.5205	26.0754	26.2531
July	26.9594	26.4612	26.7307
August	27.9414	26.8604	27.5618
September	27.8449	27.2377	27.5172
October	27.3248	26.8484	27.0668
November	27.4543	26.3011	26.8269
December	27.3014	26.6926	27.0779