2023 AUD to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AUD to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AUD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 21.5844. Conversely, the yearly low was recorded on January 3, dropping to 16.6644.
This high-to-low spread represents a total annual volatility of 4.9200 EGP. From a start-to-finish perspective, comparing the January average rate of 19.9333 to the December average rate of 20.7144, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 21.5844 was up 27.39% compared to the 2022 peak of 16.9438, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AUD 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 20.5616, compared to 20.1742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3873 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 4.7038 EGP (High: 21.3682 / Low: 16.6644). On the other end, September was the most stable month, with a tight range of 0.3607 EGP (High: 19.9750 / Low: 19.6143).
Growth Streaks & Declines
TrendsBetween May and July, 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 July and August, when the average rate fell by 0.7536 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 20.9867) against the same month in 2022 (average: 11.2615), the exchange rate shifted by +9.7252 (+86.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.3682 | 16.6644 | 19.9333 |
| February | 21.5844 | 20.5407 | 20.9867 |
| March | 20.7979 | 20.2483 | 20.5833 |
| April | 20.9714 | 20.2861 | 20.6214 |
| May | 20.9538 | 20.0731 | 20.4816 |
| June | 21.2606 | 20.3210 | 20.7630 |
| July | 21.2861 | 20.4836 | 20.7786 |
| August | 20.4529 | 19.6862 | 20.0250 |
| September | 19.9750 | 19.6143 | 19.8437 |
| October | 19.9777 | 19.4177 | 19.6052 |
| November | 20.5743 | 19.6330 | 20.0784 |
| December | 21.1075 | 20.1861 | 20.7144 |