2024 EUR to GBP Historical Review

YEARLY HIGH

0.8671 GBP

YEARLY LOW

0.8231 GBP

YEARLY AVERAGE

0.8468 GBP

2024 EUR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8671. Conversely, the yearly low was recorded on December 11, dropping to 0.8231.

This high-to-low spread represents a total annual volatility of 0.0441 GBP. From a start-to-finish perspective, comparing the January average rate of 0.8585 to the December average rate of 0.8289, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8671 was down 3.32% compared to the 2023 peak of 0.8969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,336 GBP

2023 Average 4,352 GBP

Yearly Trough Low 4,115 GBP

Transaction Impact: A difference of 220.36 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8615

0.8259

JanuMarcMayJulySeptNove

EUR to GBP 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 0.8547, compared to 0.8389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.8547

H2 Avg (Jul–Dec) 0.8389

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0200 GBP (High: 0.8616 / Low: 0.8416). On the other end, February was the most stable month, with a tight range of 0.0065 GBP (High: 0.8570 / Low: 0.8505).

August Spread (Volatile) ±0.0200

February Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0112 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8585) against the same month in 2023 (average: 0.8811), the exchange rate shifted by -0.0226 (-2.56%).

2024 Avg (January) 0.8585

2023 Avg (January) 0.8811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8671	0.8521	0.8585
February	0.8570	0.8505	0.8546
March	0.8617	0.8511	0.8555
April	0.8628	0.8531	0.8571
May	0.8608	0.8504	0.8558
June	0.8524	0.8419	0.8470
July	0.8491	0.8395	0.8434
August	0.8616	0.8416	0.8516
September	0.8448	0.8322	0.8404
October	0.8439	0.8316	0.8353
November	0.8416	0.8283	0.8337
December	0.8324	0.8231	0.8289