2024 EGP to SBD Historical Review

YEARLY HIGH

0.2755 SBD

YEARLY LOW

0.1641 SBD

YEARLY AVERAGE

0.1917 SBD

2024 EGP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.2755. Conversely, the yearly low was recorded on December 23, dropping to 0.1641.

This high-to-low spread represents a total annual volatility of 0.1113 SBD. From a start-to-finish perspective, comparing the January average rate of 0.2726 to the December average rate of 0.1657, the exchange rate registered a net change of -39.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2755 was down 17.76% compared to the 2023 peak of 0.3350, 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 1,377 SBD

2023 Average 1,362 SBD

Yearly Trough Low 821 SBD

Transaction Impact: A difference of 556.69 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2843

0.1549

JanuMarcMayJulySeptNove

EGP to SBD 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 0.2122, compared to 0.1712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0410 points.

H1 Avg (Jan–Jun) 0.2122

H2 Avg (Jul–Dec) 0.1712

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1036 SBD (High: 0.2746 / Low: 0.1710). On the other end, October was the most stable month, with a tight range of 0.0021 SBD (High: 0.1719 / Low: 0.1699).

March Spread (Volatile) ±0.1036

October Spread (Stable) ±0.0021

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 0.0809 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2735) against the same month in 2023 (average: 0.2702), the exchange rate shifted by +0.0033 (+1.22%).

2024 Avg (February) 0.2735

2023 Avg (February) 0.2702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2747	0.2702	0.2726
February	0.2755	0.2701	0.2735
March	0.2746	0.1710	0.1926
April	0.1797	0.1747	0.1774
May	0.1821	0.1767	0.1795
June	0.1799	0.1744	0.1774
July	0.1764	0.1735	0.1754
August	0.1752	0.1721	0.1734
September	0.1746	0.1706	0.1722
October	0.1719	0.1699	0.1710
November	0.1706	0.1681	0.1693
December	0.1684	0.1641	0.1657