2024 EGP to IDR Historical Review

YEARLY HIGH

512.4614 IDR

YEARLY LOW

310.8881 IDR

YEARLY AVERAGE

360.4699 IDR

2024 EGP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 512.4614. Conversely, the yearly low was recorded on September 24, dropping to 310.8881.

This high-to-low spread represents a total annual volatility of 201.5733 IDR. From a start-to-finish perspective, comparing the January average rate of 505.7068 to the December average rate of 317.7347, the exchange rate registered a net change of -37.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 512.4614 was down 18.57% compared to the 2023 peak of 629.3582, 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 2,562,307 IDR

2023 Average 2,488,602 IDR

Yearly Trough Low 1,554,440 IDR

Transaction Impact: A difference of 1,007,866.66 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

525.7920

297.4457

JanuMarcMayJulySeptNove

EGP to IDR 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 398.2982, compared to 322.6416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 75.6565 points.

H1 Avg (Jan–Jun) 398.2982

H2 Avg (Jul–Dec) 322.6416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 195.8075 IDR (High: 510.3550 / Low: 314.5475). On the other end, July was the most stable month, with a tight range of 5.7941 IDR (High: 340.6277 / Low: 334.8336).

March Spread (Volatile) ±195.8075

July Spread (Stable) ±5.7941

Growth Streaks & Declines

Trends

Between April and June, 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 149.1235 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -149.1235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 505.7068) against the same month in 2023 (average: 535.3870), the exchange rate shifted by -29.6802 (-5.54%).

2024 Avg (January) 505.7068

2023 Avg (January) 535.3870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	512.4614	495.9333	505.7068
February	510.5149	504.1157	506.7632
March	510.3550	314.5475	357.6396
April	340.0725	333.3047	336.9185
May	344.2699	333.4150	339.7821
June	345.9612	339.1423	342.9788
July	340.6277	334.8336	337.3058
August	334.5229	315.9084	322.2330
September	320.7025	310.8881	316.4746
October	325.3942	316.3932	321.2580
November	325.1002	315.9104	320.8437
December	321.2383	314.1512	317.7347