2024 EGP to SAR Historical Review

YEARLY HIGH

0.1221 SAR

YEARLY LOW

0.0735 SAR

YEARLY AVERAGE

0.0853 SAR

2024 EGP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1221. Conversely, the yearly low was recorded on December 23, dropping to 0.0735.

This high-to-low spread represents a total annual volatility of 0.0485 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1214 to the December average rate of 0.0743, the exchange rate registered a net change of -38.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1221 was down 19.74% compared to the 2023 peak of 0.1521, 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 610 SAR

2023 Average 612 SAR

Yearly Trough Low 368 SAR

Transaction Impact: A difference of 242.65 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1261

0.0696

JanuMarcMayJulySeptNove

EGP to SAR 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 0.0941, 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 0.0175 points.

H1 Avg (Jan–Jun) 0.0941

H2 Avg (Jul–Dec) 0.0766

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0458 SAR (High: 0.1215 / Low: 0.0757). On the other end, September was the most stable month, with a tight range of 0.0007 SAR (High: 0.0777 / Low: 0.0770).

March Spread (Volatile) ±0.0458

September Spread (Stable) ±0.0007

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 0.0360 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1214) against the same month in 2023 (average: 0.1318), the exchange rate shifted by -0.0104 (-7.89%).

2024 Avg (January) 0.1214

2023 Avg (January) 0.1318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1221	0.1208	0.1214
February	0.1216	0.1202	0.1213
March	0.1215	0.0757	0.0853
April	0.0795	0.0773	0.0785
May	0.0804	0.0782	0.0793
June	0.0796	0.0775	0.0786
July	0.0783	0.0773	0.0779
August	0.0772	0.0760	0.0767
September	0.0777	0.0770	0.0775
October	0.0778	0.0767	0.0773
November	0.0770	0.0755	0.0761
December	0.0756	0.0735	0.0743