2024 SZL to EGP Historical Review

YEARLY HIGH

2.8771 EGP

YEARLY LOW

1.6048 EGP

YEARLY AVERAGE

2.4811 EGP

2024 SZL to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 2.8771. Conversely, the yearly low was recorded on February 26, dropping to 1.6048.

This high-to-low spread represents a total annual volatility of 1.2723 EGP. From a start-to-finish perspective, comparing the January average rate of 1.6446 to the December average rate of 2.7755, the exchange rate registered a net change of 68.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8771 was up 62.37% compared to the 2023 peak of 1.7720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,385 EGP

2023 Average 8,314 EGP

Yearly Trough Low 8,024 EGP

Transaction Impact: A difference of 6,361.64 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8901

1.5151

JanuMarcMayJulySeptNove

SZL 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 2.2278, compared to 2.7344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5066 points.

H1 Avg (Jan–Jun) 2.2278

H2 Avg (Jul–Dec) 2.7344

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.0377 EGP (High: 2.6499 / Low: 1.6123). On the other end, October was the most stable month, with a tight range of 0.0473 EGP (High: 2.7935 / Low: 2.7462).

March Spread (Volatile) ±1.0377

October Spread (Stable) ±0.0473

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0150 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.7755) against the same month in 2023 (average: 1.6585), the exchange rate shifted by +1.1170 (+67.35%).

2024 Avg (December) 2.7755

2023 Avg (December) 1.6585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6766	1.6152	1.6446
February	1.6613	1.6048	1.6297
March	2.6499	1.6123	2.3970
April	2.5698	2.4948	2.5357
May	2.5990	2.5368	2.5698
June	2.6698	2.4973	2.5899
July	2.6796	2.6086	2.6429
August	2.7553	2.6525	2.7134
September	2.8139	2.6965	2.7503
October	2.7935	2.7462	2.7662
November	2.8219	2.7057	2.7580
December	2.8771	2.6963	2.7755