YEARLY HIGH
0.1618 BRL
YEARLY LOW
0.0998 BRL
YEARLY AVERAGE
0.1216 BRL

2024 EGP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.1618. Conversely, the yearly low was recorded on March 6, dropping to 0.0998.

This high-to-low spread represents a total annual volatility of 0.0620 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1589 to the December average rate of 0.1211, 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 0.1618 was down 26.82% compared to the 2023 peak of 0.2211, 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 809 BRL
2023 Average 816 BRL
Yearly Trough Low 499 BRL
Transaction Impact: A difference of 310.16 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1660
0.1019
JanuMarcMayJulySeptNove

EGP to BRL 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 0.1270, compared to 0.1162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.1270
H2 Avg (Jul–Dec) 0.1162

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0607 BRL (High: 0.1605 / Low: 0.0998). On the other end, February was the most stable month, with a tight range of 0.0027 BRL (High: 0.1618 / Low: 0.1591).

March Spread (Volatile) ±0.0607
February Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0473 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1606) against the same month in 2023 (average: 0.1700), the exchange rate shifted by -0.0093 (-5.50%).

2024 Avg (February) 0.1606
2023 Avg (February) 0.1700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1614 0.1564 0.1589
February 0.1618 0.1591 0.1606
March 0.1605 0.0998 0.1133
April 0.1090 0.1053 0.1072
May 0.1111 0.1058 0.1087
June 0.1168 0.1107 0.1131
July 0.1179 0.1127 0.1150
August 0.1181 0.1105 0.1136
September 0.1172 0.1118 0.1144
October 0.1183 0.1125 0.1157
November 0.1213 0.1153 0.1176
December 0.1323 0.1176 0.1211