YEARLY HIGH
0.2872 EGP
YEARLY LOW
0.1723 EGP
YEARLY AVERAGE
0.2548 EGP

2024 DJF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.2872. Conversely, the yearly low was recorded on January 5, dropping to 0.1723.

This high-to-low spread represents a total annual volatility of 0.1149 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1736 to the December average rate of 0.2843, the exchange rate registered a net change of 63.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2872 was up 63.59% compared to the 2023 peak of 0.1756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,436 EGP
2023 Average 862 EGP
Yearly Trough Low 862 EGP
Transaction Impact: A difference of 574.59 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2954
0.1626
JanuMarcMayJulySeptNove

DJF 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 0.2341, compared to 0.2756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0415 points.

H1 Avg (Jan–Jun) 0.2341
H2 Avg (Jul–Dec) 0.2756

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1052 EGP (High: 0.2788 / Low: 0.1736). On the other end, February was the most stable month, with a tight range of 0.0008 EGP (High: 0.1741 / Low: 0.1733).

March Spread (Volatile) ±0.1052
February Spread (Stable) ±0.0008

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 August and September, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2843) against the same month in 2023 (average: 0.1735), the exchange rate shifted by +0.1108 (+63.87%).

2024 Avg (December) 0.2843
2023 Avg (December) 0.1735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1745 0.1723 0.1736
February 0.1741 0.1733 0.1737
March 0.2788 0.1736 0.2538
April 0.2731 0.2654 0.2689
May 0.2701 0.2617 0.2661
June 0.2723 0.2650 0.2683
July 0.2732 0.2691 0.2709
August 0.2778 0.2726 0.2753
September 0.2740 0.2712 0.2723
October 0.2754 0.2702 0.2732
November 0.2797 0.2742 0.2776
December 0.2872 0.2797 0.2843