2024 EGP to ILS Historical Review

YEARLY HIGH

0.1229 ILS

YEARLY LOW

0.0702 ILS

YEARLY AVERAGE

0.0841 ILS

2024 EGP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.1229. Conversely, the yearly low was recorded on December 12, dropping to 0.0702.

This high-to-low spread represents a total annual volatility of 0.0527 ILS. From a start-to-finish perspective, comparing the January average rate of 0.1201 to the December average rate of 0.0717, the exchange rate registered a net change of -40.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1229 was down 13.82% compared to the 2023 peak of 0.1426, 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 614 ILS

2023 Average 602 ILS

Yearly Trough Low 351 ILS

Transaction Impact: A difference of 263.28 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1249

0.0668

JanuMarcMayJulySeptNove

EGP to ILS 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 0.0926, compared to 0.0756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.0926

H2 Avg (Jul–Dec) 0.0756

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0438 ILS (High: 0.1161 / Low: 0.0723). On the other end, May was the most stable month, with a tight range of 0.0019 ILS (High: 0.0792 / Low: 0.0773).

March Spread (Volatile) ±0.0438

May Spread (Stable) ±0.0019

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 0.0353 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1201) against the same month in 2023 (average: 0.1210), the exchange rate shifted by -0.0009 (-0.74%).

2024 Avg (January) 0.1201

2023 Avg (January) 0.1210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1229	0.1161	0.1201
February	0.1197	0.1156	0.1179
March	0.1161	0.0723	0.0826
April	0.0800	0.0772	0.0786
May	0.0792	0.0773	0.0783
June	0.0792	0.0771	0.0782
July	0.0783	0.0750	0.0762
August	0.0781	0.0746	0.0761
September	0.0782	0.0746	0.0770
October	0.0790	0.0759	0.0775
November	0.0769	0.0733	0.0754
December	0.0734	0.0702	0.0717