2023 DOP to EGP Historical Review

YEARLY HIGH

0.5722 EGP

YEARLY LOW

0.4392 EGP

YEARLY AVERAGE

0.5477 EGP

2023 DOP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.5722. Conversely, the yearly low was recorded on January 2, dropping to 0.4392.

This high-to-low spread represents a total annual volatility of 0.1330 EGP. From a start-to-finish perspective, comparing the January average rate of 0.5057 to the December average rate of 0.5390, the exchange rate registered a net change of 6.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5722 was up 25.25% compared to the 2022 peak of 0.4569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,861 EGP

2022 Average 1,751 EGP

Yearly Trough Low 2,196 EGP

Transaction Impact: A difference of 665.15 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5715

0.4997

JanuMarcMayJulySeptNove

DOP 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 0.5502, compared to 0.5451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.5502

H2 Avg (Jul–Dec) 0.5451

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0930 EGP (High: 0.5322 / Low: 0.4392). On the other end, October was the most stable month, with a tight range of 0.0032 EGP (High: 0.5457 / Low: 0.5425).

January Spread (Volatile) ±0.0930

October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.0097 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.5639) against the same month in 2022 (average: 0.3346), the exchange rate shifted by +0.2292 (+68.50%).

2023 Avg (April) 0.5639

2022 Avg (April) 0.3346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5322	0.4392	0.5057
February	0.5511	0.5295	0.5425
March	0.5671	0.5516	0.5607
April	0.5722	0.5602	0.5639
May	0.5695	0.5563	0.5656
June	0.5665	0.5579	0.5630
July	0.5619	0.5489	0.5534
August	0.5522	0.5436	0.5458
September	0.5464	0.5424	0.5444
October	0.5457	0.5425	0.5438
November	0.5488	0.5404	0.5442
December	0.5439	0.5322	0.5390