YEARLY HIGH
725.2543 STD
YEARLY LOW
436.2403 STD
YEARLY AVERAGE
506.8636 STD

2024 EGP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 725.2543. Conversely, the yearly low was recorded on December 23, dropping to 436.2403.

This high-to-low spread represents a total annual volatility of 289.0141 STD. From a start-to-finish perspective, comparing the January average rate of 721.3439 to the December average rate of 440.6742, the exchange rate registered a net change of -38.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 725.2543 was down 21.47% compared to the 2023 peak of 923.4948, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,626,272 STD
2023 Average 3,688,463 STD
Yearly Trough Low 2,181,201 STD
Transaction Impact: A difference of 1,445,070.33 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

749.4108
412.6072
JanuMarcMayJulySeptNove

EGP to STD 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 558.9402, compared to 454.7870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 104.1532 points.

H1 Avg (Jan–Jun) 558.9402
H2 Avg (Jul–Dec) 454.7870

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 272.1920 STD (High: 721.8624 / Low: 449.6704). On the other end, September was the most stable month, with a tight range of 3.9555 STD (High: 461.4948 / Low: 457.5393).

March Spread (Volatile) ±272.1920
September Spread (Stable) ±3.9555

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 213.9165 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -213.9165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 721.3439) against the same month in 2023 (average: 800.8707), the exchange rate shifted by -79.5269 (-9.93%).

2024 Avg (January) 721.3439
2023 Avg (January) 800.8707

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 725.2543 718.0173 721.3439
February 722.8720 714.2032 720.8832
March 721.8624 449.6704 506.9667
April 472.5316 459.3532 466.0964
May 477.7770 464.5652 471.2906
June 473.0813 460.5324 467.0603
July 464.8734 458.7952 462.5263
August 458.6637 451.2622 455.6547
September 461.4948 457.5393 459.9238
October 462.0115 455.1914 458.6341
November 457.0026 448.1691 451.3088
December 448.1582 436.2403 440.6742