2024 EGP to BAM Historical Review

YEARLY HIGH

0.0591 BAM

YEARLY LOW

0.0358 BAM

YEARLY AVERAGE

0.0411 BAM

2024 EGP to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0591. Conversely, the yearly low was recorded on August 25, dropping to 0.0358.

This high-to-low spread represents a total annual volatility of 0.0233 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0580 to the December average rate of 0.0369, the exchange rate registered a net change of -36.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0591 was down 21.16% compared to the 2023 peak of 0.0750, 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 296 BAM

2023 Average 295 BAM

Yearly Trough Low 179 BAM

Transaction Impact: A difference of 116.73 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0608

0.0341

JanuMarcMayJulySeptNove

EGP to BAM 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 0.0453, compared to 0.0369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.0453

H2 Avg (Jul–Dec) 0.0369

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0224 BAM (High: 0.0585 / Low: 0.0362). On the other end, June was the most stable month, with a tight range of 0.0006 BAM (High: 0.0383 / Low: 0.0377).

March Spread (Volatile) ±0.0224

June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0176 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0586) against the same month in 2023 (average: 0.0599), the exchange rate shifted by -0.0013 (-2.19%).

2024 Avg (February) 0.0586

2023 Avg (February) 0.0599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0585	0.0571	0.0580
February	0.0591	0.0581	0.0586
March	0.0585	0.0362	0.0410
April	0.0386	0.0378	0.0381
May	0.0387	0.0378	0.0383
June	0.0383	0.0377	0.0381
July	0.0379	0.0371	0.0374
August	0.0372	0.0358	0.0363
September	0.0367	0.0360	0.0363
October	0.0372	0.0365	0.0369
November	0.0380	0.0365	0.0373
December	0.0374	0.0366	0.0369