2024 BIF to EGP Historical Review

YEARLY HIGH

0.0173 EGP

YEARLY LOW

0.0108 EGP

YEARLY AVERAGE

0.0157 EGP

2024 BIF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0173. Conversely, the yearly low was recorded on February 3, dropping to 0.0108.

This high-to-low spread represents a total annual volatility of 0.0066 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0108 to the December average rate of 0.0172, the exchange rate registered a net change of 58.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0173 was up 15.44% compared to the 2023 peak of 0.0150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 87 EGP

2023 Average 61 EGP

Yearly Trough Low 54 EGP

Transaction Impact: A difference of 32.87 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0178

0.0102

JanuMarcMayJulySeptNove

BIF 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 0.0145, compared to 0.0169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0145

H2 Avg (Jul–Dec) 0.0169

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0066 EGP (High: 0.0173 / Low: 0.0108). On the other end, January was the most stable month, with a tight range of 0.0001 EGP (High: 0.0109 / Low: 0.0108).

March Spread (Volatile) ±0.0066

January Spread (Stable) ±0.0001

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0158) against the same month in 2023 (average: 0.0148), the exchange rate shifted by +0.0009 (+6.30%).

2024 Avg (March) 0.0158

2023 Avg (March) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0109	0.0108	0.0108
February	0.0109	0.0108	0.0108
March	0.0173	0.0108	0.0158
April	0.0170	0.0165	0.0167
May	0.0168	0.0163	0.0165
June	0.0168	0.0164	0.0166
July	0.0169	0.0166	0.0167
August	0.0171	0.0168	0.0170
September	0.0168	0.0167	0.0167
October	0.0169	0.0165	0.0167
November	0.0172	0.0167	0.0169
December	0.0173	0.0169	0.0172