2024 ETB to EGP Historical Review

YEARLY HIGH

0.8745 EGP

YEARLY LOW

0.3928 EGP

YEARLY AVERAGE

0.6099 EGP

2024 ETB to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.8745. Conversely, the yearly low was recorded on November 27, dropping to 0.3928.

This high-to-low spread represents a total annual volatility of 0.4817 EGP. From a start-to-finish perspective, comparing the January average rate of 0.5474 to the December average rate of 0.3993, the exchange rate registered a net change of -27.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8745 was up 50.91% compared to the 2023 peak of 0.5795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ETB based on timing:

Yearly Peak High 4,372 EGP

2023 Average 2,800 EGP

Yearly Trough Low 1,964 EGP

Transaction Impact: A difference of 2,408.52 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8842

0.3552

JanuMarcMayJulySeptNove

ETB to EGP 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 0.7305, compared to 0.4893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2413 points.

H1 Avg (Jan–Jun) 0.7305

H2 Avg (Jul–Dec) 0.4893

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.3311 EGP (High: 0.8745 / Low: 0.5434). On the other end, February was the most stable month, with a tight range of 0.0048 EGP (High: 0.5492 / Low: 0.5444).

March Spread (Volatile) ±0.3311

February Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.3475 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.7953) against the same month in 2023 (average: 0.5732), the exchange rate shifted by +0.2222 (+38.76%).

2024 Avg (March) 0.7953

2023 Avg (March) 0.5732

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5503	0.5454	0.5474
February	0.5492	0.5444	0.5459
March	0.8745	0.5434	0.7953
April	0.8548	0.8296	0.8402
May	0.8407	0.8110	0.8247
June	0.8400	0.8199	0.8296
July	0.8417	0.6439	0.8288
August	0.6178	0.4319	0.4813
September	0.4404	0.4048	0.4198
October	0.4104	0.3992	0.4036
November	0.4082	0.3928	0.4027
December	0.4099	0.3935	0.3993