2024 EGP to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EGP to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EGP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 256.0245. Conversely, the yearly low was recorded on December 19, dropping to 49.3455.
This high-to-low spread represents a total annual volatility of 206.6790 SYP. From a start-to-finish perspective, comparing the January average rate of 81.3398 to the December average rate of 122.8506, the exchange rate registered a net change of 51.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 256.0245 was up 151.84% compared to the 2023 peak of 101.6609, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
EGP to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 63.0270, compared to 63.4757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4488 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 206.6790 SYP (High: 256.0245 / Low: 49.3455). On the other end, September was the most stable month, with a tight range of 0.4460 SYP (High: 52.0389 / Low: 51.5928).
Growth Streaks & Declines
TrendsNo 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 24.1216 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 122.8506) against the same month in 2023 (average: 81.3126), the exchange rate shifted by +41.5381 (+51.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 81.7808 | 80.9647 | 81.3398 |
| February | 81.5122 | 80.5346 | 81.2879 |
| March | 81.3983 | 50.7055 | 57.1663 |
| April | 53.2834 | 51.7974 | 52.5578 |
| May | 53.8749 | 52.3851 | 53.1435 |
| June | 53.3454 | 51.9303 | 52.6664 |
| July | 52.4198 | 51.7344 | 52.1552 |
| August | 51.7196 | 50.8850 | 51.3803 |
| September | 52.0389 | 51.5928 | 51.8617 |
| October | 52.0971 | 51.3281 | 51.7163 |
| November | 51.5323 | 50.5362 | 50.8903 |
| December | 256.0245 | 49.3455 | 122.8506 |