YEARLY HIGH
0.0894 EGP
YEARLY LOW
0.0537 EGP
YEARLY AVERAGE
0.0793 EGP

2024 SOS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0894. Conversely, the yearly low was recorded on February 3, dropping to 0.0537.

This high-to-low spread represents a total annual volatility of 0.0357 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0541 to the December average rate of 0.0885, the exchange rate registered a net change of 63.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0894 was up 63.00% compared to the 2023 peak of 0.0548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 447 EGP
2023 Average 269 EGP
Yearly Trough Low 268 EGP
Transaction Impact: A difference of 178.59 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0920
0.0506
JanuMarcMayJulySeptNove

SOS 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 0.0728, compared to 0.0858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.0728
H2 Avg (Jul–Dec) 0.0858

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0327 EGP (High: 0.0867 / Low: 0.0540). On the other end, January was the most stable month, with a tight range of 0.0004 EGP (High: 0.0542 / Low: 0.0539).

March Spread (Volatile) ±0.0327
January Spread (Stable) ±0.0004

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 August and September, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0885) against the same month in 2023 (average: 0.0540), the exchange rate shifted by +0.0345 (+63.77%).

2024 Avg (December) 0.0885
2023 Avg (December) 0.0540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0542 0.0539 0.0541
February 0.0542 0.0537 0.0541
March 0.0867 0.0540 0.0790
April 0.0851 0.0825 0.0837
May 0.0841 0.0815 0.0828
June 0.0847 0.0825 0.0835
July 0.0850 0.0838 0.0843
August 0.0864 0.0849 0.0857
September 0.0852 0.0845 0.0848
October 0.0857 0.0842 0.0850
November 0.0870 0.0854 0.0864
December 0.0894 0.0870 0.0885