2024 MMK to EGP Historical Review

YEARLY HIGH

0.0243 EGP

YEARLY LOW

0.0146 EGP

YEARLY AVERAGE

0.0214 EGP

2024 MMK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0243. Conversely, the yearly low was recorded on January 6, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0097 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0241, the exchange rate registered a net change of 63.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0243 was up 63.10% compared to the 2023 peak of 0.0149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 122 EGP

2023 Average 73 EGP

Yearly Trough Low 73 EGP

Transaction Impact: A difference of 48.49 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0250

0.0138

JanuMarcMayJulySeptNove

MMK 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 0.0197, compared to 0.0231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0197

H2 Avg (Jul–Dec) 0.0231

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0089 EGP (High: 0.0236 / Low: 0.0147). On the other end, February was the most stable month, with a tight range of 0.0001 EGP (High: 0.0148 / Low: 0.0147).

March Spread (Volatile) ±0.0089

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0241) against the same month in 2023 (average: 0.0147), the exchange rate shifted by +0.0094 (+63.97%).

2024 Avg (December) 0.0241

2023 Avg (December) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0147	0.0146	0.0147
February	0.0148	0.0147	0.0147
March	0.0236	0.0147	0.0215
April	0.0232	0.0225	0.0228
May	0.0229	0.0222	0.0225
June	0.0230	0.0193	0.0219
July	0.0231	0.0148	0.0215
August	0.0235	0.0232	0.0233
September	0.0232	0.0230	0.0231
October	0.0233	0.0230	0.0232
November	0.0237	0.0232	0.0235
December	0.0243	0.0237	0.0241