2024 EGP to MDL Historical Review

YEARLY HIGH

0.5793 MDL

YEARLY LOW

0.3542 MDL

YEARLY AVERAGE

0.4033 MDL

2024 EGP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.5793. Conversely, the yearly low was recorded on August 13, dropping to 0.3542.

This high-to-low spread represents a total annual volatility of 0.2251 MDL. From a start-to-finish perspective, comparing the January average rate of 0.5705 to the December average rate of 0.3623, the exchange rate registered a net change of -36.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5793 was down 25.17% compared to the 2023 peak of 0.7741, 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 2,896 MDL

2023 Average 2,956 MDL

Yearly Trough Low 1,771 MDL

Transaction Impact: A difference of 1,125.33 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5978

0.3357

JanuMarcMayJulySeptNove

EGP to MDL 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 0.4440, compared to 0.3626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0814 points.

H1 Avg (Jan–Jun) 0.4440

H2 Avg (Jul–Dec) 0.3626

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.2185 MDL (High: 0.5746 / Low: 0.3562). On the other end, September was the most stable month, with a tight range of 0.0051 MDL (High: 0.3611 / Low: 0.3560).

March Spread (Volatile) ±0.2185

September Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between 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 0.1742 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5759) against the same month in 2023 (average: 0.6160), the exchange rate shifted by -0.0401 (-6.51%).

2024 Avg (February) 0.5759

2023 Avg (February) 0.6160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5746	0.5585	0.5705
February	0.5793	0.5706	0.5759
March	0.5746	0.3562	0.4018
April	0.3747	0.3654	0.3708
May	0.3789	0.3670	0.3735
June	0.3740	0.3679	0.3714
July	0.3714	0.3630	0.3675
August	0.3641	0.3542	0.3576
September	0.3611	0.3560	0.3587
October	0.3690	0.3597	0.3640
November	0.3693	0.3609	0.3655
December	0.3676	0.3589	0.3623