2024 ISK to EGP Historical Review

YEARLY HIGH

0.3683 EGP

YEARLY LOW

0.2225 EGP

YEARLY AVERAGE

0.3284 EGP

2024 ISK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3683. Conversely, the yearly low was recorded on February 13, dropping to 0.2225.

This high-to-low spread represents a total annual volatility of 0.1458 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2256 to the December average rate of 0.3646, the exchange rate registered a net change of 61.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3683 was up 55.38% compared to the 2023 peak of 0.2370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,841 EGP

2023 Average 1,113 EGP

Yearly Trough Low 1,113 EGP

Transaction Impact: A difference of 728.80 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3786

0.2104

JanuMarcMayJulySeptNove

ISK 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 0.3007, compared to 0.3560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0553 points.

H1 Avg (Jan–Jun) 0.3007

H2 Avg (Jul–Dec) 0.3560

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1399 EGP (High: 0.3634 / Low: 0.2235). On the other end, February was the most stable month, with a tight range of 0.0049 EGP (High: 0.2274 / Low: 0.2225).

March Spread (Volatile) ±0.1399

February Spread (Stable) ±0.0049

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 January and February, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3646) against the same month in 2023 (average: 0.2242), the exchange rate shifted by +0.1404 (+62.65%).

2024 Avg (December) 0.3646

2023 Avg (December) 0.2242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2286	0.2232	0.2256
February	0.2274	0.2225	0.2244
March	0.3634	0.2235	0.3290
April	0.3443	0.3357	0.3408
May	0.3465	0.3366	0.3406
June	0.3478	0.3413	0.3439
July	0.3527	0.3472	0.3498
August	0.3583	0.3504	0.3550
September	0.3607	0.3491	0.3538
October	0.3587	0.3522	0.3551
November	0.3626	0.3535	0.3576
December	0.3683	0.3583	0.3646