2024 EGP to UAH Historical Review

YEARLY HIGH

1.2504 UAH

YEARLY LOW

0.7684 UAH

YEARLY AVERAGE

0.9089 UAH

2024 EGP to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 1.2504. Conversely, the yearly low was recorded on March 7, dropping to 0.7684.

This high-to-low spread represents a total annual volatility of 0.4819 UAH. From a start-to-finish perspective, comparing the January average rate of 1.2251 to the December average rate of 0.8262, the exchange rate registered a net change of -32.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2504 was down 15.92% compared to the 2023 peak of 1.4872, 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 6,252 UAH

2023 Average 6,007 UAH

Yearly Trough Low 3,842 UAH

Transaction Impact: A difference of 2,409.53 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2697

0.7831

JanuMarcMayJulySeptNove

EGP to UAH 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 0.9746, compared to 0.8432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1313 points.

H1 Avg (Jan–Jun) 0.9746

H2 Avg (Jul–Dec) 0.8432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4746 UAH (High: 1.2430 / Low: 0.7684). On the other end, September was the most stable month, with a tight range of 0.0128 UAH (High: 0.8583 / Low: 0.8454).

March Spread (Volatile) ±0.4746

September Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between April and July, 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 0.3491 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.2291) against the same month in 2023 (average: 1.2078), the exchange rate shifted by +0.0213 (+1.76%).

2024 Avg (February) 1.2291

2023 Avg (February) 1.2078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2383	1.2103	1.2251
February	1.2504	1.2127	1.2291
March	1.2430	0.7684	0.8801
April	0.8341	0.8129	0.8237
May	0.8586	0.8185	0.8405
June	0.8588	0.8399	0.8488
July	0.8634	0.8415	0.8512
August	0.8501	0.8319	0.8421
September	0.8583	0.8454	0.8518
October	0.8560	0.8415	0.8495
November	0.8473	0.8295	0.8386
December	0.8399	0.8187	0.8262