2023 AZN to EGP Historical Review

YEARLY HIGH

18.2651 EGP

YEARLY LOW

14.5381 EGP

YEARLY AVERAGE

18.0302 EGP

2023 AZN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 18.2651. Conversely, the yearly low was recorded on January 2, dropping to 14.5381.

This high-to-low spread represents a total annual volatility of 3.7270 EGP. From a start-to-finish perspective, comparing the January average rate of 16.8347 to the December average rate of 18.1763, the exchange rate registered a net change of 7.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.2651 was up 25.36% compared to the 2022 peak of 14.5699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,326 EGP

2022 Average 56,513 EGP

Yearly Trough Low 72,691 EGP

Transaction Impact: A difference of 18,635.11 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.3132

16.7002

JanuMarcMayJulySeptNove

AZN 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 17.8894, compared to 18.1711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2817 points.

H1 Avg (Jan–Jun) 17.8894

H2 Avg (Jul–Dec) 18.1711

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.2157 EGP (High: 17.7538 / Low: 14.5381). On the other end, September was the most stable month, with a tight range of 0.0561 EGP (High: 18.2059 / Low: 18.1498).

January Spread (Volatile) ±3.2157

September Spread (Stable) ±0.0561

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.0106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 18.1415) against the same month in 2022 (average: 10.8466), the exchange rate shifted by +7.2948 (+67.25%).

2023 Avg (May) 18.1415

2022 Avg (May) 10.8466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.7538	14.5381	16.8347
February	18.0198	17.7598	17.9256
March	18.2056	17.9283	18.1191
April	18.2626	18.0134	18.1429
May	18.2651	17.8068	18.1415
June	18.2091	18.1083	18.1724
July	18.1902	18.1054	18.1618
August	18.2598	18.1101	18.1788
September	18.2059	18.1498	18.1754
October	18.2556	18.0979	18.1694
November	18.2061	18.0322	18.1648
December	18.2165	18.1154	18.1763