2024 MDL to EGP Historical Review

YEARLY HIGH

2.8233 EGP

YEARLY LOW

1.7264 EGP

YEARLY AVERAGE

2.5553 EGP

2024 MDL to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 2.8233. Conversely, the yearly low was recorded on February 21, dropping to 1.7264.

This high-to-low spread represents a total annual volatility of 1.0970 EGP. From a start-to-finish perspective, comparing the January average rate of 1.7530 to the December average rate of 2.7606, the exchange rate registered a net change of 57.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8233 was up 57.84% compared to the 2023 peak of 1.7888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,117 EGP

2023 Average 8,477 EGP

Yearly Trough Low 8,632 EGP

Transaction Impact: A difference of 5,484.95 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9030

1.6303

JanuMarcMayJulySeptNove

MDL 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 2.3523, compared to 2.7584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4061 points.

H1 Avg (Jan–Jun) 2.3523

H2 Avg (Jul–Dec) 2.7584

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.0673 EGP (High: 2.8076 / Low: 1.7402). On the other end, February was the most stable month, with a tight range of 0.0263 EGP (High: 1.7526 / Low: 1.7264).

March Spread (Volatile) ±1.0673

February Spread (Stable) ±0.0263

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 September and October, when the average rate fell by 0.0401 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.7969) against the same month in 2023 (average: 1.7481), the exchange rate shifted by +1.0488 (+59.99%).

2024 Avg (August) 2.7969

2023 Avg (August) 1.7481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7907	1.7403	1.7530
February	1.7526	1.7264	1.7364
March	2.8076	1.7402	2.5567
April	2.7367	2.6687	2.6972
May	2.7245	2.6389	2.6778
June	2.7181	2.6735	2.6925
July	2.7546	2.6926	2.7211
August	2.8233	2.7466	2.7969
September	2.8087	2.7692	2.7878
October	2.7801	2.7101	2.7477
November	2.7709	2.7080	2.7362
December	2.7867	2.7201	2.7606