YEARLY HIGH
18.8995 EGP
YEARLY LOW
11.3681 EGP
YEARLY AVERAGE
16.7671 EGP

2024 XCD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 18.8995. Conversely, the yearly low was recorded on January 7, dropping to 11.3681.

This high-to-low spread represents a total annual volatility of 7.5315 EGP. From a start-to-finish perspective, comparing the January average rate of 11.4297 to the December average rate of 18.7108, 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 18.8995 was up 64.49% compared to the 2023 peak of 11.4894, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94,498 EGP
2023 Average 56,709 EGP
Yearly Trough Low 56,840 EGP
Transaction Impact: A difference of 37,657.32 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.4389
10.7016
JanuMarcMayJulySeptNove

XCD 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 15.4002, compared to 18.1339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7337 points.

H1 Avg (Jan–Jun) 15.4002
H2 Avg (Jul–Dec) 18.1339

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 6.9136 EGP (High: 18.3351 / Low: 11.4215). On the other end, January was the most stable month, with a tight range of 0.1146 EGP (High: 11.4826 / Low: 11.3681).

March Spread (Volatile) ±6.9136
January Spread (Stable) ±0.1146

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 0.1948 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 18.7108) against the same month in 2023 (average: 11.4335), the exchange rate shifted by +7.2772 (+63.65%).

2024 Avg (December) 18.7108
2023 Avg (December) 11.4335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4826 11.3681 11.4297
February 11.5440 11.4055 11.4370
March 18.3351 11.4215 16.6964
April 17.9486 17.4480 17.6900
May 17.7472 17.2564 17.4951
June 17.9026 17.4277 17.6530
July 17.9704 17.7354 17.8257
August 18.2704 17.9756 18.0947
September 18.0197 17.8653 17.9264
October 18.1127 17.8453 17.9769
November 18.3965 18.0409 18.2690
December 18.8995 18.3969 18.7108