2024 EGP to ARS Historical Review

YEARLY HIGH

27.3586 ARS

YEARLY LOW

17.0684 ARS

YEARLY AVERAGE

20.6150 ARS

2024 EGP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 27.3586. Conversely, the yearly low was recorded on March 6, dropping to 17.0684.

This high-to-low spread represents a total annual volatility of 10.2902 ARS. From a start-to-finish perspective, comparing the January average rate of 26.4715 to the December average rate of 20.1694, the exchange rate registered a net change of -23.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.3586 was up 4.35% compared to the 2023 peak of 26.2184, 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 136,793 ARS

2023 Average 48,183 ARS

Yearly Trough Low 85,342 ARS

Transaction Impact: A difference of 51,451.12 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.8698

17.2688

JanuMarcMayJulySeptNove

EGP to ARS 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 21.4365, compared to 19.7936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6429 points.

H1 Avg (Jan–Jun) 21.4365

H2 Avg (Jul–Dec) 19.7936

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 10.2902 ARS (High: 27.3586 / Low: 17.0684). On the other end, November was the most stable month, with a tight range of 0.2237 ARS (High: 20.3807 / Low: 20.1570).

March Spread (Volatile) ±10.2902

November Spread (Stable) ±0.2237

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 7.6463 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -7.6463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 19.3401) against the same month in 2023 (average: 6.5740), the exchange rate shifted by +12.7661 (+194.19%).

2024 Avg (March) 19.3401

2023 Avg (March) 6.5740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.7407	26.1299	26.4715
February	27.2663	26.7564	26.9864
March	27.3586	17.0684	19.3401
April	18.3239	17.9122	18.1522
May	19.0565	18.2853	18.7295
June	19.0340	18.7930	18.9394
July	19.2817	18.9131	19.1383
August	19.5729	18.9807	19.2357
September	20.0625	19.5971	19.8217
October	20.2859	20.0472	20.1566
November	20.3807	20.1570	20.2398
December	20.3446	20.0042	20.1694