2023 EGP to PHP Historical Review

YEARLY HIGH

2.2584 PHP

YEARLY LOW

1.7505 PHP

YEARLY AVERAGE

1.8157 PHP

2023 EGP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.2584. Conversely, the yearly low was recorded on March 27, dropping to 1.7505.

This high-to-low spread represents a total annual volatility of 0.5079 PHP. From a start-to-finish perspective, comparing the January average rate of 1.9286 to the December average rate of 1.7968, the exchange rate registered a net change of -6.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2584 was down 32.47% compared to the 2022 peak of 3.3441, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,292 PHP

2022 Average 14,398 PHP

Yearly Trough Low 8,752 PHP

Transaction Impact: A difference of 2,539.53 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

1.9438

1.7613

JanuMarcMayJulySeptNove

EGP to PHP 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 1.8185, compared to 1.8129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 1.8185

H2 Avg (Jul–Dec) 1.8129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4460 PHP (High: 2.2584 / Low: 1.8124). On the other end, October was the most stable month, with a tight range of 0.0187 PHP (High: 1.8458 / Low: 1.8272).

January Spread (Volatile) ±0.4460

October Spread (Stable) ±0.0187

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 0.1286 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.9286) against the same month in 2022 (average: 3.2583), the exchange rate shifted by -1.3297 (-40.81%).

2023 Avg (January) 1.9286

2022 Avg (January) 3.2583

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	2.2584	1.8124	1.9286
February	1.8180	1.7722	1.8000
March	1.8030	1.7505	1.7765
April	1.8245	1.7558	1.7915
May	1.8294	1.7877	1.8083
June	1.8257	1.7854	1.8063
July	1.8015	1.7586	1.7782
August	1.8409	1.7764	1.8219
September	1.8517	1.8325	1.8380
October	1.8458	1.8272	1.8382
November	1.8345	1.7840	1.8039
December	1.8086	1.7883	1.7968

2023 EGP থেকে PHP-এর ঐতিহাসিক পর্যালোচনা