2024 PLN to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PLN to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PLN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 12.8085. Conversely, the yearly low was recorded on January 1, dropping to 6.7354.
This high-to-low spread represents a total annual volatility of 6.0731 EGP. From a start-to-finish perspective, comparing the January average rate of 7.6896 to the December average rate of 12.4030, the exchange rate registered a net change of 61.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 12.8085 was up 61.78% compared to the 2023 peak of 7.9172, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 PLN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PLN to EGP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.4204, compared to 12.3568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9363 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 4.8191 EGP (High: 12.5685 / Low: 7.7494). On the other end, February was the most stable month, with a tight range of 0.1663 EGP (High: 7.7929 / Low: 7.6266).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3207 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 12.5844) against the same month in 2023 (average: 7.1723), the exchange rate shifted by +5.4121 (+75.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.8177 | 6.7354 | 7.6896 |
| February | 7.7929 | 7.6266 | 7.7147 |
| March | 12.5685 | 7.7494 | 11.3909 |
| April | 12.1251 | 11.7873 | 11.9104 |
| May | 12.1433 | 11.8127 | 11.9359 |
| June | 12.0819 | 11.6432 | 11.8810 |
| July | 12.3211 | 12.0073 | 12.2130 |
| August | 12.8022 | 12.2075 | 12.5659 |
| September | 12.8085 | 12.4190 | 12.5844 |
| October | 12.4430 | 12.0862 | 12.2637 |
| November | 12.3415 | 11.9197 | 12.1106 |
| December | 12.5498 | 12.1769 | 12.4030 |