2024 EGP to DKK Historical Review

YEARLY HIGH

0.2253 DKK

YEARLY LOW

0.1367 DKK

YEARLY AVERAGE

0.1568 DKK

2024 EGP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.2253. Conversely, the yearly low was recorded on August 25, dropping to 0.1367.

This high-to-low spread represents a total annual volatility of 0.0886 DKK. From a start-to-finish perspective, comparing the January average rate of 0.2213 to the December average rate of 0.1409, the exchange rate registered a net change of -36.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2253 was down 20.85% compared to the 2023 peak of 0.2846, 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 1,126 DKK

2023 Average 1,125 DKK

Yearly Trough Low 683 DKK

Transaction Impact: A difference of 442.98 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2320

0.1299

JanuMarcMayJulySeptNove

EGP to DKK 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 0.1730, compared to 0.1406 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) 0.1730

H2 Avg (Jul–Dec) 0.1406

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0849 DKK (High: 0.2228 / Low: 0.1379). On the other end, October was the most stable month, with a tight range of 0.0024 DKK (High: 0.1420 / Low: 0.1396).

March Spread (Volatile) ±0.0849

October Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0673 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2235) against the same month in 2023 (average: 0.2284), the exchange rate shifted by -0.0049 (-2.17%).

2024 Avg (February) 0.2235

2023 Avg (February) 0.2284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2233	0.2177	0.2213
February	0.2253	0.2216	0.2235
March	0.2228	0.1379	0.1562
April	0.1475	0.1442	0.1456
May	0.1473	0.1444	0.1459
June	0.1462	0.1438	0.1453
July	0.1441	0.1415	0.1427
August	0.1421	0.1367	0.1384
September	0.1401	0.1368	0.1386
October	0.1420	0.1396	0.1409
November	0.1442	0.1388	0.1422
December	0.1429	0.1396	0.1409