2024 EGP to QAR Historical Review

YEARLY HIGH

0.1185 QAR

YEARLY LOW

0.0713 QAR

YEARLY AVERAGE

0.0829 QAR

2024 EGP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1185. Conversely, the yearly low was recorded on December 25, dropping to 0.0713.

This high-to-low spread represents a total annual volatility of 0.0471 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1179 to the December average rate of 0.0720, the exchange rate registered a net change of -38.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1185 was down 19.88% compared to the 2023 peak of 0.1479, 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 592 QAR

2023 Average 595 QAR

Yearly Trough Low 357 QAR

Transaction Impact: A difference of 235.61 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1225

0.0675

JanuMarcMayJulySeptNove

EGP to QAR 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 0.0914, compared to 0.0743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.0914

H2 Avg (Jul–Dec) 0.0743

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0446 QAR (High: 0.1181 / Low: 0.0735). On the other end, February was the most stable month, with a tight range of 0.0005 QAR (High: 0.1182 / Low: 0.1177).

March Spread (Volatile) ±0.0446

February Spread (Stable) ±0.0005

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 0.0350 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1179) against the same month in 2023 (average: 0.1279), the exchange rate shifted by -0.0099 (-7.76%).

2024 Avg (January) 0.1179

2023 Avg (January) 0.1279

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1185	0.1175	0.1179
February	0.1182	0.1177	0.1179
March	0.1181	0.0735	0.0829
April	0.0772	0.0751	0.0762
May	0.0783	0.0759	0.0771
June	0.0773	0.0753	0.0764
July	0.0761	0.0750	0.0756
August	0.0751	0.0738	0.0744
September	0.0754	0.0748	0.0752
October	0.0758	0.0744	0.0750
November	0.0747	0.0733	0.0738
December	0.0733	0.0713	0.0720