2023 BZD to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BZD to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BZD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 15.5507. Conversely, the yearly low was recorded on January 2, dropping to 12.2599.
This high-to-low spread represents a total annual volatility of 3.2908 EGP. From a start-to-finish perspective, comparing the January average rate of 14.1982 to the December average rate of 15.3136, the exchange rate registered a net change of 7.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 15.5507 was up 26.54% compared to the 2022 peak of 12.2888, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BZD to EGP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.0987, compared to 15.3318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2330 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 2.7137 EGP (High: 14.9736 / Low: 12.2599). On the other end, October was the most stable month, with a tight range of 0.0678 EGP (High: 15.3636 / Low: 15.2958).
Growth Streaks & Declines
TrendsBetween August and November, 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 November and December, when the average rate fell by 0.0276 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 15.3171) against the same month in 2022 (average: 9.1332), the exchange rate shifted by +6.1838 (+67.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.9736 | 12.2599 | 14.1982 |
| February | 15.2601 | 14.8843 | 15.1165 |
| March | 15.4783 | 15.1927 | 15.3227 |
| April | 15.5507 | 15.1999 | 15.3171 |
| May | 15.4355 | 15.0180 | 15.3076 |
| June | 15.3998 | 15.2869 | 15.3304 |
| July | 15.4876 | 15.2654 | 15.3372 |
| August | 15.3719 | 15.2889 | 15.3317 |
| September | 15.3844 | 15.2968 | 15.3323 |
| October | 15.3636 | 15.2958 | 15.3347 |
| November | 15.4173 | 15.2931 | 15.3412 |
| December | 15.3553 | 15.2390 | 15.3136 |