2024 EGP to CAD Historical Review

YEARLY HIGH

0.0440 CAD

YEARLY LOW

0.0273 CAD

YEARLY AVERAGE

0.0311 CAD

2024 EGP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 1, valuing the pair at 0.0440. Conversely, the yearly low was recorded on March 7, dropping to 0.0273.

This high-to-low spread represents a total annual volatility of 0.0167 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0434 to the December average rate of 0.0282, the exchange rate registered a net change of -35.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0440 was down 20.29% compared to the 2023 peak of 0.0552, 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 220 CAD

2023 Average 220 CAD

Yearly Trough Low 136 CAD

Transaction Impact: A difference of 83.64 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0452

0.0264

JanuMarcMayJulySeptNove

EGP to CAD 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 0.0340, compared to 0.0282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0340

H2 Avg (Jul–Dec) 0.0282

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0167 CAD (High: 0.0440 / Low: 0.0273). On the other end, July was the most stable month, with a tight range of 0.0004 CAD (High: 0.0287 / Low: 0.0283).

March Spread (Volatile) ±0.0167

July Spread (Stable) ±0.0004

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 0.0128 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0308) against the same month in 2023 (average: 0.0445), the exchange rate shifted by -0.0137 (-30.70%).

2024 Avg (March) 0.0308

2023 Avg (March) 0.0445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0438	0.0427	0.0434
February	0.0439	0.0432	0.0437
March	0.0440	0.0273	0.0308
April	0.0290	0.0284	0.0286
May	0.0293	0.0285	0.0289
June	0.0290	0.0282	0.0287
July	0.0287	0.0283	0.0285
August	0.0285	0.0276	0.0279
September	0.0281	0.0276	0.0280
October	0.0286	0.0279	0.0283
November	0.0286	0.0281	0.0283
December	0.0284	0.0279	0.0282