YEARLY HIGH
13.5975 EGP
YEARLY LOW
8.1919 EGP
YEARLY AVERAGE
12.0761 EGP

2024 SAR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 13.5975. Conversely, the yearly low was recorded on January 7, dropping to 8.1919.

This high-to-low spread represents a total annual volatility of 5.4057 EGP. From a start-to-finish perspective, comparing the January average rate of 8.2367 to the December average rate of 13.4607, the exchange rate registered a net change of 63.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.5975 was up 64.32% compared to the 2023 peak of 8.2753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,988 EGP
2023 Average 40,852 EGP
Yearly Trough Low 40,959 EGP
Transaction Impact: A difference of 27,028.41 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.9831
7.7144
JanuMarcMayJulySeptNove

SAR 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 11.0970, compared to 13.0551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9581 points.

H1 Avg (Jan–Jun) 11.0970
H2 Avg (Jul–Dec) 13.0551

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 4.9818 EGP (High: 13.2125 / Low: 8.2307). On the other end, January was the most stable month, with a tight range of 0.0834 EGP (High: 8.2753 / Low: 8.1919).

March Spread (Volatile) ±4.9818
January Spread (Stable) ±0.0834

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 0.1395 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 13.4607) against the same month in 2023 (average: 8.2377), the exchange rate shifted by +5.2230 (+63.40%).

2024 Avg (December) 13.4607
2023 Avg (December) 8.2377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.2753 8.1919 8.2367
February 8.3193 8.2224 8.2420
March 13.2125 8.2307 12.0314
April 12.9310 12.5723 12.7462
May 12.7880 12.4350 12.6067
June 12.8951 12.5578 12.7189
July 12.9446 12.7786 12.8429
August 13.1527 12.9454 13.0323
September 12.9807 12.8702 12.9112
October 13.0347 12.8542 12.9374
November 13.2427 12.9830 13.1463
December 13.5975 13.2335 13.4607