YEARLY HIGH
0.1485 PLN
YEARLY LOW
0.0781 PLN
YEARLY AVERAGE
0.0906 PLN

2024 EGP to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1485. Conversely, the yearly low was recorded on September 24, dropping to 0.0781.

This high-to-low spread represents a total annual volatility of 0.0704 PLN. From a start-to-finish perspective, comparing the January average rate of 0.1301 to the December average rate of 0.0806, the exchange rate registered a net change of -38.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1485 was down 16.99% compared to the 2023 peak of 0.1789, 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 742 PLN
2023 Average 686 PLN
Yearly Trough Low 390 PLN
Transaction Impact: A difference of 351.98 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1352
0.0744
JanuMarcMayJulySeptNove

EGP to PLN 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 0.1003, compared to 0.0809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.1003
H2 Avg (Jul–Dec) 0.0809

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0495 PLN (High: 0.1290 / Low: 0.0796). On the other end, July was the most stable month, with a tight range of 0.0021 PLN (High: 0.0833 / Low: 0.0812).

March Spread (Volatile) ±0.0495
July Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between September and November, 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 0.0394 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1301) against the same month in 2023 (average: 0.1522), the exchange rate shifted by -0.0220 (-14.49%).

2024 Avg (January) 0.1301
2023 Avg (January) 0.1522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1485 0.1279 0.1301
February 0.1311 0.1283 0.1296
March 0.1290 0.0796 0.0902
April 0.0848 0.0825 0.0840
May 0.0847 0.0824 0.0838
June 0.0859 0.0828 0.0842
July 0.0833 0.0812 0.0819
August 0.0819 0.0781 0.0796
September 0.0805 0.0781 0.0795
October 0.0827 0.0804 0.0815
November 0.0839 0.0810 0.0826
December 0.0821 0.0797 0.0806