2024 CVE to EGP Historical Review

YEARLY HIGH

0.4953 EGP

YEARLY LOW

0.2999 EGP

YEARLY AVERAGE

0.4442 EGP

2024 CVE to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4953. Conversely, the yearly low was recorded on February 14, dropping to 0.2999.

This high-to-low spread represents a total annual volatility of 0.1954 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3054 to the December average rate of 0.4805, the exchange rate registered a net change of 57.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4953 was up 57.06% compared to the 2023 peak of 0.3153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,476 EGP

2023 Average 1,502 EGP

Yearly Trough Low 1,499 EGP

Transaction Impact: A difference of 977.09 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5060

0.2837

JanuMarcMayJulySeptNove

CVE 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 0.4076, compared to 0.4808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0732 points.

H1 Avg (Jan–Jun) 0.4076

H2 Avg (Jul–Dec) 0.4808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1880 EGP (High: 0.4899 / Low: 0.3019). On the other end, February was the most stable month, with a tight range of 0.0053 EGP (High: 0.3051 / Low: 0.2999).

March Spread (Volatile) ±0.1880

February Spread (Stable) ±0.0053

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 September and October, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4875) against the same month in 2023 (average: 0.3057), the exchange rate shifted by +0.1818 (+59.49%).

2024 Avg (August) 0.4875

2023 Avg (August) 0.3057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3109	0.3031	0.3054
February	0.3051	0.2999	0.3022
March	0.4899	0.3019	0.4444
April	0.4684	0.4594	0.4654
May	0.4687	0.4579	0.4628
June	0.4695	0.4610	0.4652
July	0.4783	0.4679	0.4737
August	0.4953	0.4742	0.4875
September	0.4919	0.4835	0.4875
October	0.4857	0.4761	0.4796
November	0.4858	0.4661	0.4759
December	0.4843	0.4735	0.4805