2023 ARS to EGP Historical Review

YEARLY HIGH

0.1644 EGP

YEARLY LOW

0.0381 EGP

YEARLY AVERAGE

0.1170 EGP

2023 ARS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1644. Conversely, the yearly low was recorded on December 27, dropping to 0.0381.

This high-to-low spread represents a total annual volatility of 0.1262 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1571 to the December average rate of 0.0566, the exchange rate registered a net change of -64.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1644 was down 2.40% compared to the 2022 peak of 0.1684, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 822 EGP

2022 Average 739 EGP

Yearly Trough Low 191 EGP

Transaction Impact: A difference of 631.22 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1692

0.0463

JanuMarcMayJulySeptNove

ARS 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 0.1450, compared to 0.0890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0560 points.

H1 Avg (Jan–Jun) 0.1450

H2 Avg (Jul–Dec) 0.0890

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0476 EGP (High: 0.0857 / Low: 0.0381). On the other end, September was the most stable month, with a tight range of 0.0003 EGP (High: 0.0885 / Low: 0.0882).

December Spread (Volatile) ±0.0476

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0309 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1571) against the same month in 2022 (average: 0.1513), the exchange rate shifted by +0.0058 (+3.84%).

2023 Avg (January) 0.1571

2022 Avg (January) 0.1513

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1644	0.1387	0.1571
February	0.1614	0.1554	0.1589
March	0.1555	0.1474	0.1522
April	0.1474	0.1391	0.1434
May	0.1397	0.1289	0.1337
June	0.1286	0.1204	0.1246
July	0.1212	0.1123	0.1163
August	0.1119	0.0883	0.0972
September	0.0885	0.0882	0.0883
October	0.0884	0.0880	0.0882
November	0.0883	0.0857	0.0874
December	0.0857	0.0381	0.0566