YEARLY HIGH
0.1571 LYD
YEARLY LOW
0.0960 LYD
YEARLY AVERAGE
0.1099 LYD

2024 EGP to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.1571. Conversely, the yearly low was recorded on December 14, dropping to 0.0960.

This high-to-low spread represents a total annual volatility of 0.0611 LYD. From a start-to-finish perspective, comparing the January average rate of 0.1556 to the December average rate of 0.0968, the exchange rate registered a net change of -37.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1571 was down 19.59% compared to the 2023 peak of 0.1954, 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 785 LYD
2023 Average 785 LYD
Yearly Trough Low 480 LYD
Transaction Impact: A difference of 305.72 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1625
0.0908
JanuMarcMayJulySeptNove

EGP to LYD 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 0.1213, compared to 0.0985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.1213
H2 Avg (Jul–Dec) 0.0985

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0592 LYD (High: 0.1566 / Low: 0.0975). On the other end, October was the most stable month, with a tight range of 0.0011 LYD (High: 0.0991 / Low: 0.0980).

March Spread (Volatile) ±0.0592
October Spread (Stable) ±0.0011

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 0.0468 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1566) against the same month in 2023 (average: 0.1573), the exchange rate shifted by -0.0008 (-0.49%).

2024 Avg (February) 0.1566
2023 Avg (February) 0.1573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1562 0.1540 0.1556
February 0.1571 0.1559 0.1566
March 0.1566 0.0975 0.1097
April 0.1027 0.0996 0.1015
May 0.1037 0.1013 0.1026
June 0.1030 0.1003 0.1017
July 0.1015 0.0995 0.1006
August 0.0993 0.0973 0.0979
September 0.0988 0.0975 0.0982
October 0.0991 0.0980 0.0987
November 0.0992 0.0980 0.0985
December 0.0982 0.0960 0.0968