YEARLY HIGH
0.0152 EGP
YEARLY LOW
0.0111 EGP
YEARLY AVERAGE
0.0132 EGP

2023 CDF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0152. Conversely, the yearly low was recorded on December 21, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0041 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0114, the exchange rate registered a net change of -18.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0152 was up 24.54% compared to the 2022 peak of 0.0122, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76 EGP
2022 Average 48 EGP
Yearly Trough Low 55 EGP
Transaction Impact: A difference of 20.49 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0153
0.0110
JanuMarcMayJulySeptNove

CDF 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 0.0143, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0143
H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0027 EGP (High: 0.0147 / Low: 0.0120). On the other end, September was the most stable month, with a tight range of 0.0002 EGP (High: 0.0126 / Low: 0.0123).

January Spread (Volatile) ±0.0027
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0141) against the same month in 2022 (average: 0.0092), the exchange rate shifted by +0.0050 (+54.13%).

2023 Avg (May) 0.0141
2022 Avg (May) 0.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0147 0.0120 0.0140
February 0.0150 0.0146 0.0148
March 0.0151 0.0147 0.0149
April 0.0151 0.0142 0.0148
May 0.0152 0.0132 0.0141
June 0.0133 0.0128 0.0131
July 0.0128 0.0121 0.0125
August 0.0127 0.0124 0.0125
September 0.0126 0.0123 0.0124
October 0.0125 0.0119 0.0123
November 0.0126 0.0113 0.0122
December 0.0116 0.0111 0.0114