2024 DOP to EGP Historical Review

YEARLY HIGH

0.8434 EGP

YEARLY LOW

0.5237 EGP

YEARLY AVERAGE

0.7617 EGP

2024 DOP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 0.8434. Conversely, the yearly low was recorded on January 29, dropping to 0.5237.

This high-to-low spread represents a total annual volatility of 0.3197 EGP. From a start-to-finish perspective, comparing the January average rate of 0.5272 to the December average rate of 0.8331, the exchange rate registered a net change of 58.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8434 was up 47.40% compared to the 2023 peak of 0.5722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,217 EGP

2023 Average 2,738 EGP

Yearly Trough Low 2,619 EGP

Transaction Impact: A difference of 1,598.63 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8638

0.4959

JanuMarcMayJulySeptNove

DOP 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 0.7069, compared to 0.8165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1096 points.

H1 Avg (Jan–Jun) 0.7069

H2 Avg (Jul–Dec) 0.8165

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3183 EGP (High: 0.8434 / Low: 0.5252). On the other end, February was the most stable month, with a tight range of 0.0052 EGP (High: 0.5293 / Low: 0.5241).

March Spread (Volatile) ±0.3183

February Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0131 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.7645) against the same month in 2023 (average: 0.5607), the exchange rate shifted by +0.2038 (+36.35%).

2024 Avg (March) 0.7645

2023 Avg (March) 0.5607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5336	0.5237	0.5272
February	0.5293	0.5241	0.5266
March	0.8434	0.5252	0.7645
April	0.8229	0.7942	0.8092
May	0.8273	0.7957	0.8087
June	0.8183	0.7958	0.8052
July	0.8187	0.8095	0.8145
August	0.8280	0.8131	0.8205
September	0.8145	0.7995	0.8074
October	0.8124	0.7981	0.8053
November	0.8241	0.8076	0.8182
December	0.8408	0.8219	0.8331