YEARLY HIGH
0.2829 EGP
YEARLY LOW
0.1609 EGP
YEARLY AVERAGE
0.2369 EGP

2024 LRD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.2829. Conversely, the yearly low was recorded on March 3, dropping to 0.1609.

This high-to-low spread represents a total annual volatility of 0.1221 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1633 to the December average rate of 0.2800, the exchange rate registered a net change of 71.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2829 was up 40.57% compared to the 2023 peak of 0.2013, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,415 EGP
2023 Average 881 EGP
Yearly Trough Low 804 EGP
Transaction Impact: A difference of 610.29 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2918
0.1505
JanuMarcMayJulySeptNove

LRD 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 0.2164, compared to 0.2574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0410 points.

H1 Avg (Jan–Jun) 0.2164
H2 Avg (Jul–Dec) 0.2574

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0965 EGP (High: 0.2573 / Low: 0.1609). On the other end, January was the most stable month, with a tight range of 0.0020 EGP (High: 0.1646 / Low: 0.1626).

March Spread (Volatile) ±0.0965
January Spread (Stable) ±0.0020

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 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2800) against the same month in 2023 (average: 0.1642), the exchange rate shifted by +0.1159 (+70.58%).

2024 Avg (December) 0.2800
2023 Avg (December) 0.1642

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1646 0.1626 0.1633
February 0.1641 0.1612 0.1623
March 0.2573 0.1609 0.2344
April 0.2580 0.2445 0.2481
May 0.2479 0.2410 0.2443
June 0.2489 0.2430 0.2458
July 0.2485 0.2459 0.2472
August 0.2528 0.2447 0.2501
September 0.2496 0.2423 0.2477
October 0.2550 0.2489 0.2521
November 0.2774 0.2541 0.2670
December 0.2829 0.2763 0.2800