2024 EGP to HKD Historical Review

YEARLY HIGH

0.2543 HKD

YEARLY LOW

0.1521 HKD

YEARLY AVERAGE

0.1775 HKD

2024 EGP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.2543. Conversely, the yearly low was recorded on December 23, dropping to 0.1521.

This high-to-low spread represents a total annual volatility of 0.1021 HKD. From a start-to-finish perspective, comparing the January average rate of 0.2531 to the December average rate of 0.1537, the exchange rate registered a net change of -39.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2543 was down 19.49% compared to the 2023 peak of 0.3158, 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 1,271 HKD

2023 Average 1,278 HKD

Yearly Trough Low 761 HKD

Transaction Impact: A difference of 510.65 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2630

0.1438

JanuMarcMayJulySeptNove

EGP to HKD 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 0.1961, compared to 0.1589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0372 points.

H1 Avg (Jan–Jun) 0.1961

H2 Avg (Jul–Dec) 0.1589

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0957 HKD (High: 0.2536 / Low: 0.1579). On the other end, September was the most stable month, with a tight range of 0.0014 HKD (High: 0.1613 / Low: 0.1598).

March Spread (Volatile) ±0.0957

September Spread (Stable) ±0.0014

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 0.0750 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2531) against the same month in 2023 (average: 0.2744), the exchange rate shifted by -0.0213 (-7.78%).

2024 Avg (January) 0.2531

2023 Avg (January) 0.2744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2543	0.2517	0.2531
February	0.2537	0.2507	0.2531
March	0.2536	0.1579	0.1780
April	0.1660	0.1614	0.1638
May	0.1672	0.1628	0.1652
June	0.1660	0.1614	0.1637
July	0.1630	0.1609	0.1621
August	0.1606	0.1577	0.1594
September	0.1613	0.1598	0.1608
October	0.1612	0.1588	0.1599
November	0.1595	0.1565	0.1576
December	0.1565	0.1521	0.1537