2024 EGP to SCR Historical Review

YEARLY HIGH

0.4507 SCR

YEARLY LOW

0.2632 SCR

YEARLY AVERAGE

0.3105 SCR

2024 EGP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.4507. Conversely, the yearly low was recorded on September 24, dropping to 0.2632.

This high-to-low spread represents a total annual volatility of 0.1875 SCR. From a start-to-finish perspective, comparing the January average rate of 0.4332 to the December average rate of 0.2792, the exchange rate registered a net change of -35.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4507 was down 16.95% compared to the 2023 peak of 0.5427, 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 2,253 SCR

2023 Average 2,194 SCR

Yearly Trough Low 1,316 SCR

Transaction Impact: A difference of 937.49 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4512

0.2618

JanuMarcMayJulySeptNove

EGP to SCR 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 0.3401, compared to 0.2808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0593 points.

H1 Avg (Jan–Jun) 0.3401

H2 Avg (Jul–Dec) 0.2808

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1706 SCR (High: 0.4454 / Low: 0.2748). On the other end, July was the most stable month, with a tight range of 0.0124 SCR (High: 0.2929 / Low: 0.2804).

March Spread (Volatile) ±0.1706

July Spread (Stable) ±0.0124

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 0.1261 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4332) against the same month in 2023 (average: 0.4748), the exchange rate shifted by -0.0416 (-8.75%).

2024 Avg (January) 0.4332

2023 Avg (January) 0.4748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4507	0.4227	0.4332
February	0.4475	0.4267	0.4354
March	0.4454	0.2748	0.3093
April	0.2976	0.2786	0.2843
May	0.2952	0.2822	0.2889
June	0.3076	0.2827	0.2896
July	0.2929	0.2804	0.2864
August	0.3085	0.2633	0.2809
September	0.2875	0.2632	0.2776
October	0.3096	0.2691	0.2823
November	0.2894	0.2709	0.2785
December	0.3019	0.2676	0.2792