2024 EGP to SEK Historical Review

YEARLY HIGH

0.3432 SEK

YEARLY LOW

0.2069 SEK

YEARLY AVERAGE

0.2401 SEK

2024 EGP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.3432. Conversely, the yearly low was recorded on March 10, dropping to 0.2069.

This high-to-low spread represents a total annual volatility of 0.1363 SEK. From a start-to-finish perspective, comparing the January average rate of 0.3350 to the December average rate of 0.2174, the exchange rate registered a net change of -35.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3432 was down 19.58% compared to the 2023 peak of 0.4268, 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 1,716 SEK

2023 Average 1,732 SEK

Yearly Trough Low 1,034 SEK

Transaction Impact: A difference of 681.67 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3503

0.1983

JanuMarcMayJulySeptNove

EGP to SEK 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 0.2640, compared to 0.2163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0476 points.

H1 Avg (Jan–Jun) 0.2640

H2 Avg (Jul–Dec) 0.2163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1291 SEK (High: 0.3360 / Low: 0.2069). On the other end, November was the most stable month, with a tight range of 0.0062 SEK (High: 0.2229 / Low: 0.2166).

March Spread (Volatile) ±0.1291

November Spread (Stable) ±0.0062

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 0.1005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3376) against the same month in 2023 (average: 0.3431), the exchange rate shifted by -0.0055 (-1.61%).

2024 Avg (February) 0.3376

2023 Avg (February) 0.3431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3393	0.3246	0.3350
February	0.3432	0.3323	0.3376
March	0.3360	0.2069	0.2371
April	0.2302	0.2219	0.2264
May	0.2307	0.2224	0.2273
June	0.2231	0.2168	0.2203
July	0.2243	0.2157	0.2207
August	0.2204	0.2085	0.2126
September	0.2148	0.2070	0.2110
October	0.2191	0.2122	0.2156
November	0.2229	0.2166	0.2205
December	0.2212	0.2143	0.2174