YEARLY HIGH
0.0180 EGP
YEARLY LOW
0.0111 EGP
YEARLY AVERAGE
0.0161 EGP

2024 CDF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0180. Conversely, the yearly low was recorded on March 1, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0068 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0177, the exchange rate registered a net change of 56.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0180 was up 18.41% compared to the 2023 peak of 0.0152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90 EGP
2023 Average 66 EGP
Yearly Trough Low 56 EGP
Transaction Impact: A difference of 34.08 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0184
0.0106
JanuMarcMayJulySeptNove

CDF 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 0.0150, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0067 EGP (High: 0.0179 / Low: 0.0111). On the other end, February was the most stable month, with a tight range of 0.0002 EGP (High: 0.0113 / Low: 0.0112).

March Spread (Volatile) ±0.0067
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0177) against the same month in 2023 (average: 0.0114), the exchange rate shifted by +0.0064 (+56.09%).

2024 Avg (December) 0.0177
2023 Avg (December) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0116 0.0112 0.0113
February 0.0113 0.0112 0.0112
March 0.0179 0.0111 0.0163
April 0.0175 0.0167 0.0171
May 0.0172 0.0167 0.0169
June 0.0170 0.0167 0.0168
July 0.0171 0.0167 0.0169
August 0.0174 0.0169 0.0172
September 0.0171 0.0169 0.0170
October 0.0171 0.0169 0.0170
November 0.0174 0.0171 0.0173
December 0.0180 0.0174 0.0177