YEARLY HIGH
0.1756 EGP
YEARLY LOW
0.1390 EGP
YEARLY AVERAGE
0.1724 EGP

2023 DJF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1756. Conversely, the yearly low was recorded on January 2, dropping to 0.1390.

This high-to-low spread represents a total annual volatility of 0.0366 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1610 to the December average rate of 0.1735, the exchange rate registered a net change of 7.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1756 was up 26.01% compared to the 2022 peak of 0.1393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 878 EGP
2022 Average 540 EGP
Yearly Trough Low 695 EGP
Transaction Impact: A difference of 182.98 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1752
0.1597
JanuMarcMayJulySeptNove

DJF 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 0.1710, compared to 0.1737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1710
H2 Avg (Jul–Dec) 0.1737

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0307 EGP (High: 0.1697 / Low: 0.1390). On the other end, October was the most stable month, with a tight range of 0.0012 EGP (High: 0.1741 / Low: 0.1729).

January Spread (Volatile) ±0.0307
October Spread (Stable) ±0.0012

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1736) against the same month in 2022 (average: 0.1033), the exchange rate shifted by +0.0703 (+68.07%).

2023 Avg (April) 0.1736
2022 Avg (April) 0.1033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1697 0.1390 0.1610
February 0.1732 0.1684 0.1712
March 0.1744 0.1720 0.1734
April 0.1756 0.1722 0.1736
May 0.1746 0.1702 0.1734
June 0.1746 0.1727 0.1736
July 0.1751 0.1729 0.1738
August 0.1751 0.1729 0.1737
September 0.1742 0.1724 0.1736
October 0.1741 0.1729 0.1737
November 0.1750 0.1732 0.1739
December 0.1741 0.1725 0.1735