2023 BAM to EGP Historical Review

YEARLY HIGH

17.7780 EGP

YEARLY LOW

13.3384 EGP

YEARLY AVERAGE

16.9580 EGP

2023 BAM to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 17.7780. Conversely, the yearly low was recorded on January 3, dropping to 13.3384.

This high-to-low spread represents a total annual volatility of 4.4396 EGP. From a start-to-finish perspective, comparing the January average rate of 15.7570 to the December average rate of 17.2458, the exchange rate registered a net change of 9.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.7780 was up 31.95% compared to the 2022 peak of 13.4734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,890 EGP

2022 Average 51,581 EGP

Yearly Trough Low 66,692 EGP

Transaction Impact: A difference of 22,197.94 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.6297

15.5868

JanuMarcMayJulySeptNove

BAM 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 16.8148, compared to 17.1012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2863 points.

H1 Avg (Jan–Jun) 16.8148

H2 Avg (Jul–Dec) 17.1012

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.4251 EGP (High: 16.7635 / Low: 13.3384). On the other end, October was the most stable month, with a tight range of 0.2967 EGP (High: 16.8530 / Low: 16.5563).

January Spread (Volatile) ±3.4251

October Spread (Stable) ±0.2967

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 August and September, when the average rate fell by 0.3489 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 17.4595) against the same month in 2022 (average: 9.8535), the exchange rate shifted by +7.6060 (+77.19%).

2023 Avg (July) 17.4595

2022 Avg (July) 9.8535

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7635	13.3384	15.7570
February	17.0394	16.5401	16.6919
March	17.2306	16.6407	16.8632
April	17.6036	17.1086	17.3067
May	17.5082	16.9030	17.1509
June	17.3951	16.8702	17.1192
July	17.7780	17.1678	17.4595
August	17.4491	17.0576	17.2449
September	17.1210	16.6509	16.8960
October	16.8530	16.5563	16.6911
November	17.3886	16.6631	17.0697
December	17.5052	17.0051	17.2458