2024 EGP to NIO Historical Review

YEARLY HIGH

1.1939 NIO

YEARLY LOW

0.7203 NIO

YEARLY AVERAGE

0.8366 NIO

2024 EGP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.1939. Conversely, the yearly low was recorded on December 22, dropping to 0.7203.

This high-to-low spread represents a total annual volatility of 0.4736 NIO. From a start-to-finish perspective, comparing the January average rate of 1.1865 to the December average rate of 0.7275, the exchange rate registered a net change of -38.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1939 was down 19.19% compared to the 2023 peak of 1.4774, 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 5,969 NIO

2023 Average 5,967 NIO

Yearly Trough Low 3,601 NIO

Transaction Impact: A difference of 2,368.13 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2361

0.6813

JanuMarcMayJulySeptNove

EGP to NIO 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 0.9221, compared to 0.7511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1710 points.

H1 Avg (Jan–Jun) 0.9221

H2 Avg (Jul–Dec) 0.7511

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4491 NIO (High: 1.1916 / Low: 0.7425). On the other end, September was the most stable month, with a tight range of 0.0065 NIO (High: 0.7621 / Low: 0.7556).

March Spread (Volatile) ±0.4491

September Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3531 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.1865) against the same month in 2023 (average: 1.2800), the exchange rate shifted by -0.0935 (-7.30%).

2024 Avg (January) 1.1865

2023 Avg (January) 1.2800

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1939	1.1822	1.1865
February	1.1928	1.1822	1.1899
March	1.1916	0.7425	0.8368
April	0.7806	0.7567	0.7700
May	0.7900	0.7655	0.7779
June	0.7806	0.7609	0.7713
July	0.7681	0.7584	0.7639
August	0.7585	0.7456	0.7524
September	0.7621	0.7556	0.7597
October	0.7649	0.7516	0.7578
November	0.7543	0.7400	0.7452
December	0.7397	0.7203	0.7275