2023 CHF to EGP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CHF to EGP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CHF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 36.8231. Conversely, the yearly low was recorded on January 3, dropping to 26.4649.
This high-to-low spread represents a total annual volatility of 10.3582 EGP. From a start-to-finish perspective, comparing the January average rate of 30.9791 to the December average rate of 35.7770, the exchange rate registered a net change of 15.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 36.8231 was up 37.23% compared to the 2022 peak of 26.8329, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CHF 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 33.3571, compared to 34.9158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5587 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 6.4700 EGP (High: 32.9349 / Low: 26.4649). On the other end, August was the most stable month, with a tight range of 0.5632 EGP (High: 35.4684 / Low: 34.9052).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8010 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 35.7770) against the same month in 2022 (average: 26.4496), the exchange rate shifted by +9.3273 (+35.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.9349 | 26.4649 | 30.9791 |
| February | 33.2864 | 32.4644 | 32.8863 |
| March | 33.8604 | 32.6011 | 33.2996 |
| April | 34.8318 | 33.5777 | 34.3150 |
| May | 35.0431 | 33.7326 | 34.3376 |
| June | 34.6512 | 33.9468 | 34.3251 |
| July | 36.0186 | 34.3845 | 35.3234 |
| August | 35.4684 | 34.9052 | 35.1727 |
| September | 34.9291 | 33.5518 | 34.3717 |
| October | 34.6729 | 33.5733 | 34.1867 |
| November | 35.4339 | 34.0899 | 34.6632 |
| December | 36.8231 | 35.0963 | 35.7770 |