YEARLY HIGH
18.2418 EGP
YEARLY LOW
10.9724 EGP
YEARLY AVERAGE
16.1835 EGP

2024 WST to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 18.2418. Conversely, the yearly low was recorded on January 7, dropping to 10.9724.

This high-to-low spread represents a total annual volatility of 7.2693 EGP. From a start-to-finish perspective, comparing the January average rate of 11.0319 to the December average rate of 18.0596, the exchange rate registered a net change of 63.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.2418 was up 58.99% compared to the 2023 peak of 11.4732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,209 EGP
2023 Average 56,103 EGP
Yearly Trough Low 54,862 EGP
Transaction Impact: A difference of 36,346.71 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.7623
10.3292
JanuMarcMayJulySeptNove

WST 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 14.8642, compared to 17.5028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6386 points.

H1 Avg (Jan–Jun) 14.8642
H2 Avg (Jul–Dec) 17.5028

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 6.6730 EGP (High: 17.6969 / Low: 11.0240). On the other end, January was the most stable month, with a tight range of 0.1106 EGP (High: 11.0830 / Low: 10.9724).

March Spread (Volatile) ±6.6730
January Spread (Stable) ±0.1106

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 0.1880 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1880

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.0596) against the same month in 2023 (average: 11.0356), the exchange rate shifted by +7.0239 (+63.65%).

2024 Avg (December) 18.0596
2023 Avg (December) 11.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0830 10.9724 11.0319
February 11.1422 11.0086 11.0390
March 17.6969 11.0240 16.1153
April 17.3239 16.8407 17.0743
May 17.1295 16.6559 16.8863
June 17.2795 16.8212 17.0386
July 17.3450 17.1182 17.2053
August 17.6345 17.3499 17.4650
September 17.3926 17.2435 17.3025
October 17.4823 17.2242 17.3513
November 17.7562 17.4130 17.6332
December 18.2418 17.7566 18.0596