2023 CVE to EGP Historical Review

YEARLY HIGH

0.3153 EGP

YEARLY LOW

0.2395 EGP

YEARLY AVERAGE

0.3003 EGP

2023 CVE to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.3153. Conversely, the yearly low was recorded on January 2, dropping to 0.2395.

This high-to-low spread represents a total annual volatility of 0.0759 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2794 to the December average rate of 0.3055, the exchange rate registered a net change of 9.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3153 was up 31.96% compared to the 2022 peak of 0.2390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,577 EGP

2022 Average 913 EGP

Yearly Trough Low 1,197 EGP

Transaction Impact: A difference of 379.44 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3123

0.2764

JanuMarcMayJulySeptNove

CVE 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 0.2978, compared to 0.3029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.2978

H2 Avg (Jul–Dec) 0.3029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0570 EGP (High: 0.2965 / Low: 0.2395). On the other end, October was the most stable month, with a tight range of 0.0051 EGP (High: 0.2981 / Low: 0.2931).

January Spread (Volatile) ±0.0570

October Spread (Stable) ±0.0051

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 August and September, when the average rate fell by 0.0065 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3093) against the same month in 2022 (average: 0.1757), the exchange rate shifted by +0.1337 (+76.07%).

2023 Avg (July) 0.3093

2022 Avg (July) 0.1757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2965	0.2395	0.2794
February	0.2993	0.2929	0.2957
March	0.3056	0.2946	0.2989
April	0.3109	0.3024	0.3063
May	0.3090	0.2990	0.3034
June	0.3064	0.2948	0.3028
July	0.3153	0.3037	0.3093
August	0.3095	0.3026	0.3057
September	0.3037	0.2949	0.2992
October	0.2981	0.2931	0.2956
November	0.3078	0.2944	0.3021
December	0.3105	0.2992	0.3055