2024 CAD to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CAD to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CAD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 36.6795. Conversely, the yearly low was recorded on March 1, dropping to 22.7323.
This high-to-low spread represents a total annual volatility of 13.9472 EGP. From a start-to-finish perspective, comparing the January average rate of 23.0213 to the December average rate of 35.4567, the exchange rate registered a net change of 54.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 36.6795 was up 55.65% compared to the 2023 peak of 23.5653, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CAD to EGP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 30.6008, compared to 35.4572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8564 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 13.9472 EGP (High: 36.6795 / Low: 22.7323). On the other end, February was the most stable month, with a tight range of 0.3920 EGP (High: 23.1598 / Low: 22.7678).
Growth Streaks & Declines
TrendsBetween 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 0.4506 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 33.3300) against the same month in 2023 (average: 22.4881), the exchange rate shifted by +10.8419 (+48.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.4307 | 22.8466 | 23.0213 |
| February | 23.1598 | 22.7678 | 22.9048 |
| March | 36.6795 | 22.7323 | 33.3300 |
| April | 35.2216 | 34.5054 | 34.9459 |
| May | 35.0906 | 34.1750 | 34.5936 |
| June | 35.4155 | 34.4986 | 34.8089 |
| July | 35.3081 | 34.8725 | 35.1253 |
| August | 36.2135 | 35.0446 | 35.7839 |
| September | 36.2862 | 35.5340 | 35.7591 |
| October | 35.8096 | 35.0000 | 35.3085 |
| November | 35.5914 | 34.9326 | 35.3096 |
| December | 35.7870 | 35.1763 | 35.4567 |