2024 EGP to BOB Historical Review

YEARLY HIGH

0.2246 BOB

YEARLY LOW

0.1353 BOB

YEARLY AVERAGE

0.1572 BOB

2024 EGP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2246. Conversely, the yearly low was recorded on December 22, dropping to 0.1353.

This high-to-low spread represents a total annual volatility of 0.0894 BOB. From a start-to-finish perspective, comparing the January average rate of 0.2237 to the December average rate of 0.1367, the exchange rate registered a net change of -38.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2246 was down 19.66% compared to the 2023 peak of 0.2796, 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 1,123 BOB

2023 Average 1,128 BOB

Yearly Trough Low 676 BOB

Transaction Impact: A difference of 446.97 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2324

0.1280

JanuMarcMayJulySeptNove

EGP to BOB 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 0.1734, compared to 0.1411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 0.1734

H2 Avg (Jul–Dec) 0.1411

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0844 BOB (High: 0.2238 / Low: 0.1394). On the other end, January was the most stable month, with a tight range of 0.0016 BOB (High: 0.2246 / Low: 0.2231).

March Spread (Volatile) ±0.0844

January Spread (Stable) ±0.0016

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 0.0665 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0665

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2237) against the same month in 2023 (average: 0.2425), the exchange rate shifted by -0.0188 (-7.76%).

2024 Avg (January) 0.2237

2023 Avg (January) 0.2425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2246	0.2231	0.2237
February	0.2246	0.2229	0.2236
March	0.2238	0.1394	0.1572
April	0.1465	0.1427	0.1448
May	0.1483	0.1440	0.1461
June	0.1466	0.1429	0.1449
July	0.1442	0.1422	0.1434
August	0.1425	0.1399	0.1412
September	0.1436	0.1419	0.1427
October	0.1436	0.1411	0.1424
November	0.1421	0.1389	0.1401
December	0.1390	0.1353	0.1367