2024 QAR to EGP Historical Review

YEARLY HIGH

14.0158 EGP

YEARLY LOW

8.4409 EGP

YEARLY AVERAGE

12.4393 EGP

2024 QAR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 14.0158. Conversely, the yearly low was recorded on January 7, dropping to 8.4409.

This high-to-low spread represents a total annual volatility of 5.5749 EGP. From a start-to-finish perspective, comparing the January average rate of 8.4787 to the December average rate of 13.8812, the exchange rate registered a net change of 63.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.0158 was up 63.08% compared to the 2023 peak of 8.5946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,079 EGP

2023 Average 42,066 EGP

Yearly Trough Low 42,205 EGP

Transaction Impact: A difference of 27,874.33 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.4215

7.9384

JanuMarcMayJulySeptNove

QAR 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 11.4247, compared to 13.4540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0293 points.

H1 Avg (Jan–Jun) 11.4247

H2 Avg (Jul–Dec) 13.4540

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 5.1376 EGP (High: 13.6057 / Low: 8.4681). On the other end, February was the most stable month, with a tight range of 0.0368 EGP (High: 8.4993 / Low: 8.4625).

March Spread (Volatile) ±5.1376

February Spread (Stable) ±0.0368

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 0.1466 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 13.8812) against the same month in 2023 (average: 8.4782), the exchange rate shifted by +5.4031 (+63.73%).

2024 Avg (December) 13.8812

2023 Avg (December) 8.4782

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.5076	8.4409	8.4787
February	8.4993	8.4625	8.4830
March	13.6057	8.4681	12.3910
April	13.3177	12.9509	13.1247
May	13.1756	12.7751	12.9781
June	13.2826	12.9349	13.0925
July	13.3330	13.1363	13.2206
August	13.5576	13.3201	13.4396
September	13.3722	13.2606	13.2994
October	13.4421	13.1944	13.3288
November	13.6511	13.3921	13.5541
December	14.0158	13.6512	13.8812