2024 FJD to EGP Historical Review

YEARLY HIGH

22.2890 EGP

YEARLY LOW

13.6028 EGP

YEARLY AVERAGE

20.1396 EGP

2024 FJD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 22.2890. Conversely, the yearly low was recorded on February 28, dropping to 13.6028.

This high-to-low spread represents a total annual volatility of 8.6862 EGP. From a start-to-finish perspective, comparing the January average rate of 13.8311 to the December average rate of 21.9163, the exchange rate registered a net change of 58.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.2890 was up 57.16% compared to the 2023 peak of 14.1820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 111,445 EGP

2023 Average 68,740 EGP

Yearly Trough Low 68,014 EGP

Transaction Impact: A difference of 43,430.76 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.7631

12.9223

JanuMarcMayJulySeptNove

FJD 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 18.4814, compared to 21.7977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3163 points.

H1 Avg (Jan–Jun) 18.4814

H2 Avg (Jul–Dec) 21.7977

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 8.4560 EGP (High: 22.1791 / Low: 13.7231). On the other end, February was the most stable month, with a tight range of 0.2645 EGP (High: 13.8674 / Low: 13.6028).

March Spread (Volatile) ±8.4560

February Spread (Stable) ±0.2645

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1920 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1920

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 21.9430) against the same month in 2023 (average: 13.6058), the exchange rate shifted by +8.3372 (+61.28%).

2024 Avg (September) 21.9430

2023 Avg (September) 13.6058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1381	13.6357	13.8311
February	13.8674	13.6028	13.7423
March	22.1791	13.7231	20.0411
April	21.3424	20.8790	21.0940
May	21.3579	20.6406	20.9576
June	21.6361	20.8501	21.2223
July	21.6402	21.2564	21.4693
August	22.1603	21.5301	21.9228
September	22.2890	21.6377	21.9430
October	22.0437	21.3567	21.7510
November	22.0154	21.4455	21.7841
December	22.1772	21.8039	21.9163