2024 EGP to SRD Historical Review

YEARLY HIGH

1.1963 SRD

YEARLY LOW

0.5806 SRD

YEARLY AVERAGE

0.7606 SRD

2024 EGP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1.1963. Conversely, the yearly low was recorded on August 13, dropping to 0.5806.

This high-to-low spread represents a total annual volatility of 0.6157 SRD. From a start-to-finish perspective, comparing the January average rate of 1.1877 to the December average rate of 0.6965, the exchange rate registered a net change of -41.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1963 was down 6.91% compared to the 2023 peak of 1.2851, 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 5,981 SRD

2023 Average 5,971 SRD

Yearly Trough Low 2,903 SRD

Transaction Impact: A difference of 3,078.34 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2476

0.5290

JanuMarcMayJulySeptNove

EGP to SRD 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 0.8717, compared to 0.6495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2222 points.

H1 Avg (Jan–Jun) 0.8717

H2 Avg (Jul–Dec) 0.6495

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4356 SRD (High: 1.1467 / Low: 0.7111). On the other end, August was the most stable month, with a tight range of 0.0142 SRD (High: 0.5948 / Low: 0.5806).

March Spread (Volatile) ±0.4356

August Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3679 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.1877) against the same month in 2023 (average: 1.1161), the exchange rate shifted by +0.0716 (+6.42%).

2024 Avg (January) 1.1877

2023 Avg (January) 1.1161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1963	1.1769	1.1877
February	1.1887	1.1418	1.1697
March	1.1467	0.7111	0.8018
April	0.7401	0.7064	0.7241
May	0.7093	0.6770	0.6898
June	0.6844	0.6346	0.6573
July	0.6385	0.5967	0.6164
August	0.5948	0.5806	0.5889
September	0.6359	0.5941	0.6132
October	0.7051	0.6365	0.6693
November	0.7190	0.7044	0.7127
December	0.7121	0.6876	0.6965