2024 EGP to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EGP to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EGP to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 14.8754. Conversely, the yearly low was recorded on August 25, dropping to 9.0395.
This high-to-low spread represents a total annual volatility of 5.8359 KMF. From a start-to-finish perspective, comparing the January average rate of 14.6117 to the December average rate of 9.2945, the exchange rate registered a net change of -36.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 14.8754 was down 20.96% compared to the 2023 peak of 18.8211, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
EGP to KMF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.4165, compared to 9.2832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1334 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 5.6215 KMF (High: 14.7252 / Low: 9.1037). On the other end, October was the most stable month, with a tight range of 0.1526 KMF (High: 9.3588 / Low: 9.2062).
Growth Streaks & Declines
TrendsBetween 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 4.4419 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 14.7544) against the same month in 2023 (average: 15.0995), the exchange rate shifted by -0.3451 (-2.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7410 | 14.3447 | 14.6117 |
| February | 14.8754 | 14.6323 | 14.7544 |
| March | 14.7252 | 9.1037 | 10.3125 |
| April | 9.7334 | 9.5389 | 9.6003 |
| May | 9.7231 | 9.5129 | 9.6407 |
| June | 9.6572 | 9.4849 | 9.5796 |
| July | 9.5227 | 9.3375 | 9.4288 |
| August | 9.3890 | 9.0395 | 9.1476 |
| September | 9.2386 | 9.0708 | 9.1549 |
| October | 9.3588 | 9.2062 | 9.2950 |
| November | 9.5714 | 9.1503 | 9.3782 |
| December | 9.4421 | 9.1728 | 9.2945 |