2023 BWP to EGP Historical Review

YEARLY HIGH

2.3864 EGP

YEARLY LOW

1.9252 EGP

YEARLY AVERAGE

2.2958 EGP

2023 BWP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.3864. Conversely, the yearly low was recorded on January 3, dropping to 1.9252.

This high-to-low spread represents a total annual volatility of 0.4612 EGP. From a start-to-finish perspective, comparing the January average rate of 2.2407 to the December average rate of 2.2880, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3864 was up 23.42% compared to the 2022 peak of 1.9336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,932 EGP

2022 Average 7,744 EGP

Yearly Trough Low 9,626 EGP

Transaction Impact: A difference of 2,306.23 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3610

2.2298

JanuMarcMayJulySeptNove

BWP 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 2.3066, compared to 2.2849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 2.3066

H2 Avg (Jul–Dec) 2.2849

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4248 EGP (High: 2.3500 / Low: 1.9252). On the other end, September was the most stable month, with a tight range of 0.0453 EGP (High: 2.2860 / Low: 2.2406).

January Spread (Volatile) ±0.4248

September Spread (Stable) ±0.0453

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 April and May, when the average rate fell by 0.0601 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.3293) against the same month in 2022 (average: 1.3629), the exchange rate shifted by +0.9663 (+70.90%).

2023 Avg (February) 2.3293

2022 Avg (February) 1.3629

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3500	1.9252	2.2407
February	2.3864	2.2993	2.3293
March	2.3612	2.3027	2.3308
April	2.3773	2.3152	2.3501
May	2.3530	2.2364	2.2900
June	2.3345	2.2408	2.2987
July	2.3792	2.2753	2.3328
August	2.3387	2.2661	2.2904
September	2.2860	2.2406	2.2642
October	2.2699	2.2239	2.2488
November	2.3167	2.2643	2.2853
December	2.3107	2.2552	2.2880