YEARLY HIGH
0.6010 EGP
YEARLY LOW
0.3680 EGP
YEARLY AVERAGE
0.5414 EGP

2024 BTN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.6010. Conversely, the yearly low was recorded on January 2, dropping to 0.3680.

This high-to-low spread represents a total annual volatility of 0.2329 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3717 to the December average rate of 0.5953, the exchange rate registered a net change of 60.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6010 was up 56.84% compared to the 2023 peak of 0.3832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,005 EGP
2023 Average 1,857 EGP
Yearly Trough Low 1,840 EGP
Transaction Impact: A difference of 1,164.57 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6176
0.3494
JanuMarcMayJulySeptNove

BTN 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 0.5001, compared to 0.5827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0827 points.

H1 Avg (Jan–Jun) 0.5001
H2 Avg (Jul–Dec) 0.5827

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2267 EGP (High: 0.5992 / Low: 0.3725). On the other end, February was the most stable month, with a tight range of 0.0026 EGP (High: 0.3739 / Low: 0.3713).

March Spread (Volatile) ±0.2267
February Spread (Stable) ±0.0026

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 0.0063 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5953) against the same month in 2023 (average: 0.3708), the exchange rate shifted by +0.2244 (+60.51%).

2024 Avg (December) 0.5953
2023 Avg (December) 0.3708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3738 0.3680 0.3717
February 0.3739 0.3713 0.3725
March 0.5992 0.3725 0.5438
April 0.5814 0.5653 0.5736
May 0.5763 0.5594 0.5673
June 0.5796 0.5657 0.5715
July 0.5807 0.5737 0.5765
August 0.5882 0.5783 0.5834
September 0.5829 0.5756 0.5781
October 0.5830 0.5733 0.5778
November 0.5904 0.5800 0.5854
December 0.6010 0.5871 0.5953