2024 PGK to EGP Historical Review

YEARLY HIGH

12.9859 EGP

YEARLY LOW

8.0967 EGP

YEARLY AVERAGE

11.6165 EGP

2024 PGK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 12.9859. Conversely, the yearly low was recorded on March 5, dropping to 8.0967.

This high-to-low spread represents a total annual volatility of 4.8892 EGP. From a start-to-finish perspective, comparing the January average rate of 8.2736 to the December average rate of 12.5080, the exchange rate registered a net change of 51.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.9859 was up 46.43% compared to the 2023 peak of 8.8682, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,929 EGP

2023 Average 42,567 EGP

Yearly Trough Low 40,484 EGP

Transaction Impact: A difference of 24,445.86 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.9427

7.7610

JanuMarcMayJulySeptNove

PGK 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 10.8874, compared to 12.3455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4581 points.

H1 Avg (Jan–Jun) 10.8874

H2 Avg (Jul–Dec) 12.3455

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.8892 EGP (High: 12.9859 / Low: 8.0967). On the other end, January was the most stable month, with a tight range of 0.1711 EGP (High: 8.3556 / Low: 8.1845).

March Spread (Volatile) ±4.8892

January Spread (Stable) ±0.1711

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 0.3190 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 11.8745) against the same month in 2023 (average: 8.7478), the exchange rate shifted by +3.1267 (+35.74%).

2024 Avg (March) 11.8745

2023 Avg (March) 8.7478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.3556	8.1845	8.2736
February	8.3050	8.0989	8.1928
March	12.9859	8.0967	11.8745
April	12.8133	12.3127	12.5109
May	12.4352	11.9931	12.1920
June	12.4615	12.1088	12.2805
July	12.5417	12.2566	12.3558
August	12.7621	12.2782	12.4550
September	12.4333	12.1409	12.2357
October	12.3821	12.0692	12.2393
November	12.4068	12.1706	12.2793
December	12.7510	12.3168	12.5080