YEARLY HIGH
0.4671 EGP
YEARLY LOW
0.2825 EGP
YEARLY AVERAGE
0.4187 EGP

2024 RSD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4671. Conversely, the yearly low was recorded on February 13, dropping to 0.2825.

This high-to-low spread represents a total annual volatility of 0.1846 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2875 to the December average rate of 0.4527, the exchange rate registered a net change of 57.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4671 was up 57.62% compared to the 2023 peak of 0.2963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,335 EGP
2023 Average 1,414 EGP
Yearly Trough Low 1,412 EGP
Transaction Impact: A difference of 923.10 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4783
0.2671
JanuMarcMayJulySeptNove

RSD 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 0.3839, compared to 0.4535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0696 points.

H1 Avg (Jan–Jun) 0.3839
H2 Avg (Jul–Dec) 0.4535

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1760 EGP (High: 0.4615 / Low: 0.2854). On the other end, February was the most stable month, with a tight range of 0.0047 EGP (High: 0.2872 / Low: 0.2825).

March Spread (Volatile) ±0.1760
February Spread (Stable) ±0.0047

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 September and October, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.4607) against the same month in 2023 (average: 0.2875), the exchange rate shifted by +0.1732 (+60.24%).

2024 Avg (August) 0.4607
2023 Avg (August) 0.2875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2925 0.2849 0.2875
February 0.2872 0.2825 0.2847
March 0.4615 0.2854 0.4186
April 0.4419 0.4319 0.4376
May 0.4411 0.4324 0.4364
June 0.4430 0.4356 0.4385
July 0.4505 0.4422 0.4467
August 0.4671 0.4487 0.4607
September 0.4654 0.4552 0.4598
October 0.4567 0.4485 0.4524
November 0.4592 0.4396 0.4485
December 0.4568 0.4463 0.4527