2023 CRC to EGP Historical Review

YEARLY HIGH

0.0595 EGP

YEARLY LOW

0.0418 EGP

YEARLY AVERAGE

0.0567 EGP

2023 CRC to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0595. Conversely, the yearly low was recorded on January 2, dropping to 0.0418.

This high-to-low spread represents a total annual volatility of 0.0177 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0499 to the December average rate of 0.0588, the exchange rate registered a net change of 17.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0595 was up 39.75% compared to the 2022 peak of 0.0426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 297 EGP

2022 Average 150 EGP

Yearly Trough Low 209 EGP

Transaction Impact: A difference of 88.62 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0597

0.0490

JanuMarcMayJulySeptNove

CRC 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 0.0554, compared to 0.0579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0554

H2 Avg (Jul–Dec) 0.0579

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0129 EGP (High: 0.0546 / Low: 0.0418). On the other end, October was the most stable month, with a tight range of 0.0007 EGP (High: 0.0583 / Low: 0.0577).

January Spread (Volatile) ±0.0129

October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0588) against the same month in 2022 (average: 0.0418), the exchange rate shifted by +0.0170 (+40.68%).

2023 Avg (December) 0.0588

2022 Avg (December) 0.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0546	0.0418	0.0499
February	0.0550	0.0524	0.0539
March	0.0575	0.0549	0.0565
April	0.0582	0.0569	0.0576
May	0.0580	0.0557	0.0574
June	0.0576	0.0569	0.0572
July	0.0577	0.0564	0.0572
August	0.0580	0.0566	0.0574
September	0.0584	0.0572	0.0577
October	0.0583	0.0577	0.0581
November	0.0585	0.0577	0.0582
December	0.0595	0.0584	0.0588