2023 BTN to EGP Historical Review

YEARLY HIGH

0.3832 EGP

YEARLY LOW

0.2986 EGP

YEARLY AVERAGE

0.3713 EGP

2023 BTN to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.3832. Conversely, the yearly low was recorded on January 2, dropping to 0.2986.

This high-to-low spread represents a total annual volatility of 0.0846 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3499 to the December average rate of 0.3708, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3832 was up 25.66% compared to the 2022 peak of 0.3049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,916 EGP

2022 Average 1,219 EGP

Yearly Trough Low 1,493 EGP

Transaction Impact: A difference of 423.10 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3793

0.3473

JanuMarcMayJulySeptNove

BTN 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 0.3702, compared to 0.3725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.3702

H2 Avg (Jul–Dec) 0.3725

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0708 EGP (High: 0.3694 / Low: 0.2986). On the other end, October was the most stable month, with a tight range of 0.0024 EGP (High: 0.3729 / Low: 0.3705).

January Spread (Volatile) ±0.0708

October Spread (Stable) ±0.0024

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 July and August, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3766) against the same month in 2022 (average: 0.2418), the exchange rate shifted by +0.1348 (+55.73%).

2023 Avg (April) 0.3766

2022 Avg (April) 0.2418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3694	0.2986	0.3499
February	0.3715	0.3652	0.3690
March	0.3787	0.3707	0.3748
April	0.3832	0.3730	0.3766
May	0.3803	0.3689	0.3748
June	0.3787	0.3736	0.3759
July	0.3794	0.3730	0.3761
August	0.3766	0.3705	0.3732
September	0.3736	0.3709	0.3722
October	0.3729	0.3705	0.3715
November	0.3732	0.3703	0.3713
December	0.3721	0.3695	0.3708