YEARLY HIGH
0.2442 EGP
YEARLY LOW
0.1470 EGP
YEARLY AVERAGE
0.2166 EGP

2024 GYD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.2442. Conversely, the yearly low was recorded on January 6, dropping to 0.1470.

This high-to-low spread represents a total annual volatility of 0.0972 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1476 to the December average rate of 0.2418, the exchange rate registered a net change of 63.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2442 was up 64.41% compared to the 2023 peak of 0.1485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,221 EGP
2023 Average 729 EGP
Yearly Trough Low 735 EGP
Transaction Impact: A difference of 485.88 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2512
0.1382
JanuMarcMayJulySeptNove

GYD 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 0.1989, compared to 0.2343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 0.1989
H2 Avg (Jul–Dec) 0.2343

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0894 EGP (High: 0.2369 / Low: 0.1475). On the other end, February was the most stable month, with a tight range of 0.0008 EGP (High: 0.1482 / Low: 0.1474).

March Spread (Volatile) ±0.0894
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2418) against the same month in 2023 (average: 0.1475), the exchange rate shifted by +0.0943 (+63.94%).

2024 Avg (December) 0.2418
2023 Avg (December) 0.1475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1480 0.1470 0.1476
February 0.1482 0.1474 0.1477
March 0.2369 0.1475 0.2155
April 0.2319 0.2252 0.2285
May 0.2299 0.2227 0.2260
June 0.2312 0.2251 0.2280
July 0.2322 0.2290 0.2303
August 0.2361 0.2317 0.2339
September 0.2327 0.2308 0.2315
October 0.2342 0.2300 0.2321
November 0.2379 0.2333 0.2360
December 0.2442 0.2377 0.2418