YEARLY HIGH
406.1452 UZS
YEARLY LOW
252.3503 UZS
YEARLY AVERAGE
287.2160 UZS

2024 EGP to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 406.1452. Conversely, the yearly low was recorded on December 22, dropping to 252.3503.

This high-to-low spread represents a total annual volatility of 153.7949 UZS. From a start-to-finish perspective, comparing the January average rate of 400.5548 to the December average rate of 254.5513, the exchange rate registered a net change of -36.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 406.1452 was down 10.76% compared to the 2023 peak of 455.0986, 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 2,030,726 UZS
2023 Average 1,915,842 UZS
Yearly Trough Low 1,261,751 UZS
Transaction Impact: A difference of 768,974.73 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

417.0552
239.7782
JanuMarcMayJulySeptNove

EGP to UZS 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 314.4126, compared to 260.0194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 54.3932 points.

H1 Avg (Jan–Jun) 314.4126
H2 Avg (Jul–Dec) 260.0194

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 153.1932 UZS (High: 405.7718 / Low: 252.5786). On the other end, October was the most stable month, with a tight range of 3.6183 UZS (High: 264.8392 / Low: 261.2209).

March Spread (Volatile) ±153.1932
October Spread (Stable) ±3.6183

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 116.6959 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -116.6959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 402.2821) against the same month in 2023 (average: 372.0691), the exchange rate shifted by +30.2130 (+8.12%).

2024 Avg (February) 402.2821
2023 Avg (February) 372.0691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 403.0223 398.5424 400.5548
February 406.1452 399.1656 402.2821
March 405.7718 252.5786 285.5863
April 268.1597 261.3419 265.0010
May 272.4879 263.5297 268.3811
June 267.7598 260.4237 264.6702
July 263.7492 259.0501 261.6410
August 261.0347 255.4231 258.2045
September 263.8512 260.0067 262.4553
October 264.8392 261.2209 263.4831
November 262.8693 257.9202 259.7812
December 258.3210 252.3503 254.5513