YEARLY HIGH
0.3756 EGP
YEARLY LOW
0.2300 EGP
YEARLY AVERAGE
0.3384 EGP

2024 NPR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.3756. Conversely, the yearly low was recorded on January 2, dropping to 0.2300.

This high-to-low spread represents a total annual volatility of 0.1456 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2323 to the December average rate of 0.3721, the exchange rate registered a net change of 60.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3756 was up 56.84% compared to the 2023 peak of 0.2395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,878 EGP
2023 Average 1,160 EGP
Yearly Trough Low 1,150 EGP
Transaction Impact: A difference of 727.85 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3861
0.2183
JanuMarcMayJulySeptNove

NPR 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 0.3125, compared to 0.3642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0517 points.

H1 Avg (Jan–Jun) 0.3125
H2 Avg (Jul–Dec) 0.3642

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1417 EGP (High: 0.3745 / Low: 0.2328). On the other end, February was the most stable month, with a tight range of 0.0024 EGP (High: 0.2337 / Low: 0.2313).

March Spread (Volatile) ±0.1417
February Spread (Stable) ±0.0024

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 April and May, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3721) against the same month in 2023 (average: 0.2318), the exchange rate shifted by +0.1403 (+60.55%).

2024 Avg (December) 0.3721
2023 Avg (December) 0.2318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2336 0.2300 0.2323
February 0.2337 0.2313 0.2327
March 0.3745 0.2328 0.3398
April 0.3634 0.3533 0.3585
May 0.3602 0.3496 0.3545
June 0.3623 0.3536 0.3573
July 0.3629 0.3586 0.3603
August 0.3676 0.3614 0.3646
September 0.3643 0.3597 0.3613
October 0.3644 0.3583 0.3612
November 0.3690 0.3625 0.3659
December 0.3756 0.3670 0.3721