2024 EGP to SHP Historical Review

YEARLY HIGH

0.0258 SHP

YEARLY LOW

0.0153 SHP

YEARLY AVERAGE

0.0178 SHP

2024 EGP to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0258. Conversely, the yearly low was recorded on September 24, dropping to 0.0153.

This high-to-low spread represents a total annual volatility of 0.0105 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0255 to the December average rate of 0.0157, the exchange rate registered a net change of -38.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0258 was down 23.44% compared to the 2023 peak of 0.0337, 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 129 SHP

2023 Average 131 SHP

Yearly Trough Low 76 SHP

Transaction Impact: A difference of 52.63 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0266

0.0146

JanuMarcMayJulySeptNove

EGP to SHP 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 0.0198, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0198

H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0099 SHP (High: 0.0256 / Low: 0.0157). On the other end, January was the most stable month, with a tight range of 0.0003 SHP (High: 0.0256 / Low: 0.0253).

March Spread (Volatile) ±0.0099

January Spread (Stable) ±0.0003

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 0.0077 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0256) against the same month in 2023 (average: 0.0272), the exchange rate shifted by -0.0016 (-5.84%).

2024 Avg (February) 0.0256

2023 Avg (February) 0.0272

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0256	0.0253	0.0255
February	0.0258	0.0254	0.0256
March	0.0256	0.0157	0.0179
April	0.0169	0.0166	0.0167
May	0.0170	0.0165	0.0167
June	0.0166	0.0163	0.0165
July	0.0164	0.0159	0.0161
August	0.0161	0.0155	0.0158
September	0.0159	0.0153	0.0156
October	0.0159	0.0156	0.0158
November	0.0161	0.0156	0.0159
December	0.0159	0.0155	0.0157