2024 EGP to PEN Historical Review

YEARLY HIGH

0.1256 PEN

YEARLY LOW

0.0729 PEN

YEARLY AVERAGE

0.0854 PEN

2024 EGP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.1256. Conversely, the yearly low was recorded on December 22, dropping to 0.0729.

This high-to-low spread represents a total annual volatility of 0.0527 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1208 to the December average rate of 0.0738, the exchange rate registered a net change of -38.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1256 was down 18.43% compared to the 2023 peak of 0.1539, 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 628 PEN

2023 Average 611 PEN

Yearly Trough Low 364 PEN

Transaction Impact: A difference of 263.36 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1289

0.0688

JanuMarcMayJulySeptNove

EGP to PEN 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 0.0942, compared to 0.0766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 0.0942

H2 Avg (Jul–Dec) 0.0766

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0476 PEN (High: 0.1226 / Low: 0.0750). On the other end, October was the most stable month, with a tight range of 0.0010 PEN (High: 0.0776 / Low: 0.0767).

March Spread (Volatile) ±0.0476

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and June, 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 0.0392 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1239) against the same month in 2023 (average: 0.1259), the exchange rate shifted by -0.0021 (-1.64%).

2024 Avg (February) 0.1239

2023 Avg (February) 0.1259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1232	0.1193	0.1208
February	0.1256	0.1221	0.1239
March	0.1226	0.0750	0.0846
April	0.0790	0.0766	0.0777
May	0.0802	0.0777	0.0789
June	0.0801	0.0785	0.0793
July	0.0798	0.0768	0.0781
August	0.0773	0.0756	0.0764
September	0.0789	0.0770	0.0778
October	0.0776	0.0767	0.0772
November	0.0774	0.0754	0.0766
December	0.0754	0.0729	0.0738