2024 EGP to BBD Historical Review

YEARLY HIGH

0.0651 BBD

YEARLY LOW

0.0392 BBD

YEARLY AVERAGE

0.0455 BBD

2024 EGP to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0651. Conversely, the yearly low was recorded on December 23, dropping to 0.0392.

This high-to-low spread represents a total annual volatility of 0.0259 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0647 to the December average rate of 0.0396, 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 0.0651 was down 19.56% compared to the 2023 peak of 0.0809, 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 325 BBD

2023 Average 327 BBD

Yearly Trough Low 196 BBD

Transaction Impact: A difference of 129.71 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0673

0.0370

JanuMarcMayJulySeptNove

EGP to BBD 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 0.0502, compared to 0.0408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.0502

H2 Avg (Jul–Dec) 0.0408

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0244 BBD (High: 0.0648 / Low: 0.0404). On the other end, September was the most stable month, with a tight range of 0.0004 BBD (High: 0.0414 / Low: 0.0411).

March Spread (Volatile) ±0.0244

September Spread (Stable) ±0.0004

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 0.0192 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0647) against the same month in 2023 (average: 0.0702), the exchange rate shifted by -0.0054 (-7.74%).

2024 Avg (January) 0.0647

2023 Avg (January) 0.0702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0651	0.0644	0.0647
February	0.0649	0.0641	0.0647
March	0.0648	0.0404	0.0455
April	0.0424	0.0412	0.0418
May	0.0429	0.0417	0.0423
June	0.0425	0.0413	0.0419
July	0.0417	0.0412	0.0415
August	0.0412	0.0405	0.0409
September	0.0414	0.0411	0.0413
October	0.0415	0.0409	0.0412
November	0.0410	0.0402	0.0405
December	0.0402	0.0392	0.0396