YEARLY HIGH
0.0655 BZD
YEARLY LOW
0.0393 BZD
YEARLY AVERAGE
0.0458 BZD

2024 EGP to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0655. Conversely, the yearly low was recorded on December 22, dropping to 0.0393.

This high-to-low spread represents a total annual volatility of 0.0262 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0652 to the December average rate of 0.0398, the exchange rate registered a net change of -39.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0655 was down 19.66% compared to the 2023 peak of 0.0816, 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 328 BZD
2023 Average 329 BZD
Yearly Trough Low 197 BZD
Transaction Impact: A difference of 130.93 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0678
0.0373
JanuMarcMayJulySeptNove

EGP to BZD 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 0.0506, compared to 0.0411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.0506
H2 Avg (Jul–Dec) 0.0411

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0246 BZD (High: 0.0653 / Low: 0.0407). On the other end, February was the most stable month, with a tight range of 0.0003 BZD (High: 0.0653 / Low: 0.0650).

March Spread (Volatile) ±0.0246
February Spread (Stable) ±0.0003

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 0.0194 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0652) against the same month in 2023 (average: 0.0707), the exchange rate shifted by -0.0055 (-7.76%).

2024 Avg (January) 0.0652
2023 Avg (January) 0.0707

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0655 0.0651 0.0652
February 0.0653 0.0650 0.0652
March 0.0653 0.0407 0.0458
April 0.0427 0.0414 0.0421
May 0.0433 0.0419 0.0426
June 0.0428 0.0417 0.0423
July 0.0421 0.0415 0.0418
August 0.0416 0.0408 0.0412
September 0.0417 0.0414 0.0416
October 0.0419 0.0412 0.0415
November 0.0413 0.0405 0.0408
December 0.0405 0.0393 0.0398