2024 EGP to ANG Historical Review

YEARLY HIGH

0.0587 ANG

YEARLY LOW

0.0353 ANG

YEARLY AVERAGE

0.0410 ANG

2024 EGP to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0587. Conversely, the yearly low was recorded on December 22, dropping to 0.0353.

This high-to-low spread represents a total annual volatility of 0.0235 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0583 to the December average rate of 0.0356, the exchange rate registered a net change of -38.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0587 was down 19.44% compared to the 2023 peak of 0.0729, 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 294 ANG

2023 Average 294 ANG

Yearly Trough Low 176 ANG

Transaction Impact: A difference of 117.38 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0606

0.0334

JanuMarcMayJulySeptNove

EGP to ANG 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 0.0452, compared to 0.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.0452

H2 Avg (Jul–Dec) 0.0368

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0220 ANG (High: 0.0584 / Low: 0.0364). On the other end, September was the most stable month, with a tight range of 0.0003 ANG (High: 0.0373 / Low: 0.0370).

March Spread (Volatile) ±0.0220

September Spread (Stable) ±0.0003

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 0.0174 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0583) against the same month in 2023 (average: 0.0591), the exchange rate shifted by -0.0008 (-1.38%).

2024 Avg (February) 0.0583

2023 Avg (February) 0.0591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0586	0.0582	0.0583
February	0.0587	0.0581	0.0583
March	0.0584	0.0364	0.0410
April	0.0382	0.0371	0.0377
May	0.0387	0.0375	0.0381
June	0.0382	0.0373	0.0378
July	0.0376	0.0371	0.0374
August	0.0372	0.0365	0.0368
September	0.0373	0.0370	0.0372
October	0.0375	0.0368	0.0371
November	0.0369	0.0362	0.0365
December	0.0363	0.0353	0.0356