YEARLY HIGH
0.3565 TJS
YEARLY LOW
0.2138 TJS
YEARLY AVERAGE
0.2456 TJS

2024 EGP to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3565. Conversely, the yearly low was recorded on August 8, dropping to 0.2138.

This high-to-low spread represents a total annual volatility of 0.1427 TJS. From a start-to-finish perspective, comparing the January average rate of 0.3536 to the December average rate of 0.2158, the exchange rate registered a net change of -38.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3565 was down 13.46% compared to the 2023 peak of 0.4119, 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 1,782 TJS
2023 Average 1,763 TJS
Yearly Trough Low 1,069 TJS
Transaction Impact: A difference of 713.46 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3679
0.2020
JanuMarcMayJulySeptNove

EGP to TJS 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 0.2731, compared to 0.2181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0550 points.

H1 Avg (Jan–Jun) 0.2731
H2 Avg (Jul–Dec) 0.2181

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1338 TJS (High: 0.3546 / Low: 0.2208). On the other end, February was the most stable month, with a tight range of 0.0020 TJS (High: 0.3549 / Low: 0.3529).

March Spread (Volatile) ±0.1338
February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No 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 0.1051 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3536) against the same month in 2023 (average: 0.3590), the exchange rate shifted by -0.0053 (-1.48%).

2024 Avg (January) 0.3536
2023 Avg (January) 0.3590

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3565 0.3520 0.3536
February 0.3549 0.3529 0.3541
March 0.3546 0.2208 0.2490
April 0.2322 0.2250 0.2287
May 0.2329 0.2256 0.2294
June 0.2279 0.2210 0.2240
July 0.2224 0.2182 0.2208
August 0.2201 0.2138 0.2169
September 0.2205 0.2183 0.2198
October 0.2214 0.2174 0.2193
November 0.2200 0.2142 0.2161
December 0.2193 0.2141 0.2158