2024 EGP to AED Historical Review

YEARLY HIGH

0.1195 AED

YEARLY LOW

0.0719 AED

YEARLY AVERAGE

0.0836 AED

2024 EGP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1195. Conversely, the yearly low was recorded on December 23, dropping to 0.0719.

This high-to-low spread represents a total annual volatility of 0.0476 AED. From a start-to-finish perspective, comparing the January average rate of 0.1189 to the December average rate of 0.0726, the exchange rate registered a net change of -38.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1195 was down 19.55% compared to the 2023 peak of 0.1486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 598 AED

2023 Average 600 AED

Yearly Trough Low 360 AED

Transaction Impact: A difference of 238.18 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1235

0.0680

JanuMarcMayJulySeptNove

EGP to AED 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 0.0921, compared to 0.0750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.0921

H2 Avg (Jul–Dec) 0.0750

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0449 AED (High: 0.1190 / Low: 0.0741). On the other end, September was the most stable month, with a tight range of 0.0007 AED (High: 0.0761 / Low: 0.0754).

March Spread (Volatile) ±0.0449

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0353 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1189) against the same month in 2023 (average: 0.1289), the exchange rate shifted by -0.0100 (-7.74%).

2024 Avg (January) 0.1189

2023 Avg (January) 0.1289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1195	0.1184	0.1189
February	0.1192	0.1177	0.1188
March	0.1190	0.0741	0.0836
April	0.0779	0.0757	0.0768
May	0.0788	0.0766	0.0777
June	0.0780	0.0759	0.0770
July	0.0766	0.0756	0.0762
August	0.0756	0.0744	0.0751
September	0.0761	0.0754	0.0758
October	0.0762	0.0750	0.0756
November	0.0753	0.0739	0.0744
December	0.0739	0.0719	0.0726