2024 EGP to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EGP to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EGP to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 676.7197. Conversely, the yearly low was recorded on March 7, dropping to 421.0125.
This high-to-low spread represents a total annual volatility of 255.7073 LAK. From a start-to-finish perspective, comparing the January average rate of 668.4549 to the December average rate of 432.9344, the exchange rate registered a net change of -35.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 676.7197 was down 3.58% compared to the 2023 peak of 701.8646, 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 LAK 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 528.6730, compared to 449.6765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 78.9966 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 255.2739 LAK (High: 676.2864 / Low: 421.0125). On the other end, September was the most stable month, with a tight range of 4.9194 LAK (High: 457.9726 / Low: 453.0532).
Growth Streaks & Declines
TrendsBetween April and July, 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 198.4631 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 674.4274) against the same month in 2023 (average: 553.7653), the exchange rate shifted by +120.6622 (+21.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 671.5289 | 663.6334 | 668.4549 |
| February | 676.7197 | 671.1952 | 674.4274 |
| March | 676.2864 | 421.0125 | 475.9643 |
| April | 447.6281 | 437.3919 | 444.3684 |
| May | 458.1601 | 443.7184 | 451.7555 |
| June | 461.3155 | 452.4261 | 457.0677 |
| July | 462.1593 | 456.7389 | 459.5097 |
| August | 456.4421 | 448.7102 | 452.3476 |
| September | 457.9726 | 453.0532 | 456.1974 |
| October | 459.9599 | 447.9435 | 452.5535 |
| November | 449.6097 | 440.8967 | 444.5162 |
| December | 441.3578 | 428.4129 | 432.9344 |