YEARLY HIGH
0.3905 EGP
YEARLY LOW
0.2326 EGP
YEARLY AVERAGE
0.3433 EGP

2024 HTG to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.3905. Conversely, the yearly low was recorded on February 23, dropping to 0.2326.

This high-to-low spread represents a total annual volatility of 0.1579 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2346 to the December average rate of 0.3865, the exchange rate registered a net change of 64.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3905 was up 66.62% compared to the 2023 peak of 0.2344, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,953 EGP
2023 Average 1,086 EGP
Yearly Trough Low 1,163 EGP
Transaction Impact: A difference of 789.71 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4018
0.2188
JanuMarcMayJulySeptNove

HTG 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 0.3143, compared to 0.3724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0580 points.

H1 Avg (Jan–Jun) 0.3143
H2 Avg (Jul–Dec) 0.3724

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1409 EGP (High: 0.3738 / Low: 0.2329). On the other end, January was the most stable month, with a tight range of 0.0018 EGP (High: 0.2354 / Low: 0.2336).

March Spread (Volatile) ±0.1409
January Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between May and August, 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 0.0043 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3865) against the same month in 2023 (average: 0.2337), the exchange rate shifted by +0.1529 (+65.41%).

2024 Avg (December) 0.3865
2023 Avg (December) 0.2337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2354 0.2336 0.2346
February 0.2356 0.2326 0.2340
March 0.3738 0.2329 0.3405
April 0.3670 0.3557 0.3607
May 0.3626 0.3509 0.3564
June 0.3646 0.3549 0.3596
July 0.3678 0.3625 0.3647
August 0.3752 0.3677 0.3713
September 0.3694 0.3661 0.3674
October 0.3722 0.3649 0.3686
November 0.3792 0.3707 0.3757
December 0.3905 0.3792 0.3865