2024 EGP to AZN Historical Review

YEARLY HIGH

0.0554 AZN

YEARLY LOW

0.0333 AZN

YEARLY AVERAGE

0.0387 AZN

2024 EGP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0554. Conversely, the yearly low was recorded on December 23, dropping to 0.0333.

This high-to-low spread represents a total annual volatility of 0.0222 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0550 to the December average rate of 0.0336, 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 0.0554 was down 19.39% compared to the 2023 peak of 0.0688, 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 277 AZN

2023 Average 278 AZN

Yearly Trough Low 166 AZN

Transaction Impact: A difference of 110.82 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0572

0.0315

JanuMarcMayJulySeptNove

EGP to AZN 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 0.0426, compared to 0.0347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.0426

H2 Avg (Jul–Dec) 0.0347

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0208 AZN (High: 0.0551 / Low: 0.0343). On the other end, September was the most stable month, with a tight range of 0.0003 AZN (High: 0.0352 / Low: 0.0349).

March Spread (Volatile) ±0.0208

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 0.0163 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0550) against the same month in 2023 (average: 0.0597), the exchange rate shifted by -0.0046 (-7.72%).

2024 Avg (January) 0.0550

2023 Avg (January) 0.0597

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0554	0.0548	0.0550
February	0.0552	0.0545	0.0550
March	0.0551	0.0343	0.0387
April	0.0361	0.0350	0.0356
May	0.0365	0.0354	0.0360
June	0.0361	0.0351	0.0356
July	0.0355	0.0350	0.0353
August	0.0350	0.0344	0.0348
September	0.0352	0.0349	0.0351
October	0.0352	0.0347	0.0350
November	0.0349	0.0342	0.0344
December	0.0342	0.0333	0.0336