YEARLY HIGH
0.0613 EGP
YEARLY LOW
0.0368 EGP
YEARLY AVERAGE
0.0471 EGP

2023 AOA to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0613. Conversely, the yearly low was recorded on November 5, dropping to 0.0368.

This high-to-low spread represents a total annual volatility of 0.0245 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0568 to the December average rate of 0.0372, the exchange rate registered a net change of -34.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0613 was up 22.74% compared to the 2022 peak of 0.0500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 307 EGP
2022 Average 210 EGP
Yearly Trough Low 184 EGP
Transaction Impact: A difference of 122.44 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0633
0.0348
JanuMarcMayJulySeptNove

AOA 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 0.0569, compared to 0.0373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 0.0569
H2 Avg (Jul–Dec) 0.0373

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0150 EGP (High: 0.0524 / Low: 0.0374). On the other end, July was the most stable month, with a tight range of 0.0003 EGP (High: 0.0375 / Low: 0.0372).

June Spread (Volatile) ±0.0150
July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0138 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0609) against the same month in 2022 (average: 0.0358), the exchange rate shifted by +0.0251 (+70.00%).

2023 Avg (March) 0.0609
2022 Avg (March) 0.0358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0599 0.0491 0.0568
February 0.0609 0.0599 0.0603
March 0.0613 0.0604 0.0609
April 0.0612 0.0602 0.0608
May 0.0609 0.0529 0.0583
June 0.0524 0.0374 0.0445
July 0.0375 0.0372 0.0374
August 0.0376 0.0373 0.0374
September 0.0375 0.0371 0.0373
October 0.0375 0.0372 0.0373
November 0.0374 0.0368 0.0372
December 0.0373 0.0370 0.0372