2024 EGP to NZD Historical Review

YEARLY HIGH

0.0535 NZD

YEARLY LOW

0.0323 NZD

YEARLY AVERAGE

0.0376 NZD

2024 EGP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0535. Conversely, the yearly low was recorded on September 24, dropping to 0.0323.

This high-to-low spread represents a total annual volatility of 0.0211 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0524 to the December average rate of 0.0345, the exchange rate registered a net change of -34.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0535 was down 17.25% compared to the 2023 peak of 0.0646, 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 267 NZD

2023 Average 266 NZD

Yearly Trough Low 162 NZD

Transaction Impact: A difference of 105.70 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0548

0.0312

JanuMarcMayJulySeptNove

EGP to NZD 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 0.0411, compared to 0.0340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.0411

H2 Avg (Jul–Dec) 0.0340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0204 NZD (High: 0.0532 / Low: 0.0328). On the other end, June was the most stable month, with a tight range of 0.0007 NZD (High: 0.0345 / Low: 0.0338).

March Spread (Volatile) ±0.0204

June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 0.0153 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0528) against the same month in 2023 (average: 0.0523), the exchange rate shifted by +0.0005 (+1.03%).

2024 Avg (February) 0.0528

2023 Avg (February) 0.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0533	0.0510	0.0524
February	0.0535	0.0522	0.0528
March	0.0532	0.0328	0.0374
April	0.0355	0.0347	0.0351
May	0.0354	0.0342	0.0348
June	0.0345	0.0338	0.0342
July	0.0352	0.0339	0.0344
August	0.0346	0.0328	0.0336
September	0.0337	0.0323	0.0332
October	0.0344	0.0330	0.0339
November	0.0347	0.0337	0.0343
December	0.0352	0.0338	0.0345