YEARLY HIGH
0.0032 EGP
YEARLY LOW
0.0020 EGP
YEARLY AVERAGE
0.0029 EGP

2024 IDR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.0032. Conversely, the yearly low was recorded on January 29, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0013 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0020 to the December average rate of 0.0031, the exchange rate registered a net change of 59.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0032 was up 52.04% compared to the 2023 peak of 0.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 32,166 EGP
2023 Average 20,119 EGP
Yearly Trough Low 19,514 EGP
Transaction Impact: A difference of 12,652.25 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0033
0.0019
JanuMarcMayJulySeptNove

IDR 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 0.0026, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0012 EGP (High: 0.0032 / Low: 0.0020). On the other end, February was the most stable month, with a tight range of 0.0000 EGP (High: 0.0020 / Low: 0.0020).

March Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0032) against the same month in 2023 (average: 0.0020), the exchange rate shifted by +0.0012 (+57.25%).

2024 Avg (September) 0.0032
2023 Avg (September) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0020 0.0020
February 0.0020 0.0020 0.0020
March 0.0032 0.0020 0.0029
April 0.0030 0.0029 0.0030
May 0.0030 0.0029 0.0029
June 0.0029 0.0029 0.0029
July 0.0030 0.0029 0.0030
August 0.0032 0.0030 0.0031
September 0.0032 0.0031 0.0032
October 0.0032 0.0031 0.0031
November 0.0032 0.0031 0.0031
December 0.0032 0.0031 0.0031