YEARLY HIGH
0.1013 EGP
YEARLY LOW
0.0592 EGP
YEARLY AVERAGE
0.0879 EGP

2024 CRC to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.1013. Conversely, the yearly low was recorded on January 6, dropping to 0.0592.

This high-to-low spread represents a total annual volatility of 0.0420 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0598 to the December average rate of 0.1000, the exchange rate registered a net change of 67.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1013 was up 70.22% compared to the 2023 peak of 0.0595, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 506 EGP
2023 Average 283 EGP
Yearly Trough Low 296 EGP
Transaction Impact: A difference of 210.11 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1040
0.0557
JanuMarcMayJulySeptNove

CRC 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 0.0811, compared to 0.0948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.0811
H2 Avg (Jul–Dec) 0.0948

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0367 EGP (High: 0.0968 / Low: 0.0601). On the other end, February was the most stable month, with a tight range of 0.0009 EGP (High: 0.0604 / Low: 0.0594).

March Spread (Volatile) ±0.0367
February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0026 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1000) against the same month in 2023 (average: 0.0588), the exchange rate shifted by +0.0411 (+69.90%).

2024 Avg (December) 0.1000
2023 Avg (December) 0.0588

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0606 0.0592 0.0598
February 0.0604 0.0594 0.0599
March 0.0968 0.0601 0.0888
April 0.0971 0.0932 0.0949
May 0.0941 0.0907 0.0922
June 0.0925 0.0893 0.0908
July 0.0923 0.0896 0.0915
August 0.0946 0.0922 0.0932
September 0.0939 0.0918 0.0933
October 0.0956 0.0927 0.0941
November 0.0979 0.0951 0.0967
December 0.1013 0.0979 0.1000