2024 ZWL to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ZWL to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ZWL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 51.0769. Conversely, the yearly low was recorded on January 7, dropping to 30.7227.
This high-to-low spread represents a total annual volatility of 20.3542 EGP. From a start-to-finish perspective, comparing the January average rate of 30.8894 to the December average rate of 50.5668, 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 51.0769 was up 64.49% compared to the 2023 peak of 31.0507, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ZWL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ZWL to EGP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 41.6198, compared to 49.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3880 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 18.6843 EGP (High: 49.5514 / Low: 30.8671). On the other end, January was the most stable month, with a tight range of 0.3097 EGP (High: 31.0324 / Low: 30.7227).
Growth Streaks & Declines
TrendsBetween 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 0.5265 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 50.5668) against the same month in 2023 (average: 30.8997), the exchange rate shifted by +19.6670 (+63.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.0324 | 30.7227 | 30.8894 |
| February | 31.1981 | 30.8240 | 30.9091 |
| March | 49.5514 | 30.8671 | 45.1227 |
| April | 48.5069 | 47.1541 | 47.8080 |
| May | 47.9627 | 46.6364 | 47.2815 |
| June | 48.3827 | 47.0993 | 47.7081 |
| July | 48.5659 | 47.9309 | 48.1748 |
| August | 49.3766 | 48.5798 | 48.9019 |
| September | 48.6992 | 48.2818 | 48.4469 |
| October | 48.9504 | 48.2278 | 48.5835 |
| November | 49.7174 | 48.7564 | 49.3728 |
| December | 51.0769 | 49.7186 | 50.5668 |