2024 EGP to TWD Historical Review

YEARLY HIGH

1.0242 TWD

YEARLY LOW

0.6357 TWD

YEARLY AVERAGE

0.7285 TWD

2024 EGP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 1.0242. Conversely, the yearly low was recorded on March 6, dropping to 0.6357.

This high-to-low spread represents a total annual volatility of 0.3886 TWD. From a start-to-finish perspective, comparing the January average rate of 1.0098 to the December average rate of 0.6442, the exchange rate registered a net change of -36.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0242 was down 17.64% compared to the 2023 peak of 1.2435, 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 5,121 TWD

2023 Average 5,084 TWD

Yearly Trough Low 3,178 TWD

Transaction Impact: A difference of 1,942.78 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0540

0.6070

JanuMarcMayJulySeptNove

EGP to TWD 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 0.7977, compared to 0.6593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1383 points.

H1 Avg (Jan–Jun) 0.7977

H2 Avg (Jul–Dec) 0.6593

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3873 TWD (High: 1.0229 / Low: 0.6357). On the other end, July was the most stable month, with a tight range of 0.0096 TWD (High: 0.6806 / Low: 0.6710).

March Spread (Volatile) ±0.3873

July Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between August and October, 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 0.2961 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2961

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0167) against the same month in 2023 (average: 0.9935), the exchange rate shifted by +0.0233 (+2.34%).

2024 Avg (February) 1.0167

2023 Avg (February) 0.9935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0215	0.9888	1.0098
February	1.0242	1.0062	1.0167
March	1.0229	0.6357	0.7207
April	0.6816	0.6670	0.6766
May	0.6909	0.6733	0.6831
June	0.6883	0.6692	0.6790
July	0.6806	0.6710	0.6774
August	0.6722	0.6511	0.6592
September	0.6652	0.6529	0.6595
October	0.6684	0.6512	0.6607
November	0.6600	0.6478	0.6550
December	0.6557	0.6382	0.6442