YEARLY HIGH
0.0021 EGP
YEARLY LOW
0.0003 EGP
YEARLY AVERAGE
0.0008 EGP

2024 LBP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0021. Conversely, the yearly low was recorded on March 1, dropping to 0.0003.

This high-to-low spread represents a total annual volatility of 0.0017 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0006, the exchange rate registered a net change of -72.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0021 was down 89.72% compared to the 2023 peak of 0.0201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10 EGP
2023 Average 19 EGP
Yearly Trough Low 2 EGP
Transaction Impact: A difference of 8.59 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0022
0.0003
JanuMarcMayJulySeptNove

LBP 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 0.0010, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0017 EGP (High: 0.0021 / Low: 0.0003). On the other end, September was the most stable month, with a tight range of 0.0000 EGP (High: 0.0005 / Low: 0.0005).

February Spread (Volatile) ±0.0017
September Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0016) against the same month in 2023 (average: 0.0052), the exchange rate shifted by -0.0036 (-69.70%).

2024 Avg (February) 0.0016
2023 Avg (February) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0021
February 0.0021 0.0003 0.0016
March 0.0006 0.0003 0.0005
April 0.0005 0.0005 0.0005
May 0.0005 0.0005 0.0005
June 0.0005 0.0005 0.0005
July 0.0005 0.0005 0.0005
August 0.0006 0.0005 0.0005
September 0.0005 0.0005 0.0005
October 0.0005 0.0005 0.0005
November 0.0006 0.0005 0.0006
December 0.0006 0.0006 0.0006