2024 EGP to BTN Historical Review

YEARLY HIGH

2.7170 BTN

YEARLY LOW

1.6640 BTN

YEARLY AVERAGE

1.9014 BTN

2024 EGP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.7170. Conversely, the yearly low was recorded on December 22, dropping to 1.6640.

This high-to-low spread represents a total annual volatility of 1.0530 BTN. From a start-to-finish perspective, comparing the January average rate of 2.6903 to the December average rate of 1.6800, the exchange rate registered a net change of -37.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7170 was down 18.88% compared to the 2023 peak of 3.3495, 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 13,585 BTN

2023 Average 13,476 BTN

Yearly Trough Low 8,320 BTN

Transaction Impact: A difference of 5,265.22 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7913

1.5790

JanuMarcMayJulySeptNove

EGP to BTN 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 2.0865, compared to 1.7163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3702 points.

H1 Avg (Jan–Jun) 2.0865

H2 Avg (Jul–Dec) 1.7163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.0155 BTN (High: 2.6843 / Low: 1.6688). On the other end, February was the most stable month, with a tight range of 0.0186 BTN (High: 2.6931 / Low: 2.6745).

March Spread (Volatile) ±1.0155

February Spread (Stable) ±0.0186

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.7972 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.6903) against the same month in 2023 (average: 2.8724), the exchange rate shifted by -0.1821 (-6.34%).

2024 Avg (January) 2.6903

2023 Avg (January) 2.8724

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7170	2.6755	2.6903
February	2.6931	2.6745	2.6849
March	2.6843	1.6688	1.8877
April	1.7690	1.7201	1.7435
May	1.7878	1.7351	1.7630
June	1.7676	1.7253	1.7498
July	1.7430	1.7221	1.7347
August	1.7292	1.7002	1.7141
September	1.7374	1.7156	1.7300
October	1.7442	1.7152	1.7306
November	1.7242	1.6937	1.7083
December	1.7032	1.6640	1.6800