2023 EGP to AED Historical Review

YEARLY HIGH

0.1486 AED

YEARLY LOW

0.1183 AED

YEARLY AVERAGE

0.1199 AED

2023 EGP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1486. Conversely, the yearly low was recorded on May 1, dropping to 0.1183.

This high-to-low spread represents a total annual volatility of 0.0303 AED. From a start-to-finish perspective, comparing the January average rate of 0.1289 to the December average rate of 0.1189, the exchange rate registered a net change of -7.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1486 was down 36.65% compared to the 2022 peak of 0.2346, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 743 AED

2022 Average 975 AED

Yearly Trough Low 591 AED

Transaction Impact: A difference of 151.69 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1299

0.1179

JanuMarcMayJulySeptNove

EGP to AED 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 0.1209, compared to 0.1189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1209

H2 Avg (Jul–Dec) 0.1189

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0269 AED (High: 0.1486 / Low: 0.1217). On the other end, September was the most stable month, with a tight range of 0.0004 AED (High: 0.1190 / Low: 0.1187).

January Spread (Volatile) ±0.0269

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0083 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1289) against the same month in 2022 (average: 0.2337), the exchange rate shifted by -0.1048 (-44.84%).

2023 Avg (January) 0.1289

2022 Avg (January) 0.2337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1486	0.1217	0.1289
February	0.1217	0.1199	0.1205
March	0.1205	0.1187	0.1192
April	0.1199	0.1183	0.1191
May	0.1213	0.1183	0.1191
June	0.1192	0.1187	0.1189
July	0.1193	0.1188	0.1190
August	0.1193	0.1183	0.1189
September	0.1190	0.1187	0.1189
October	0.1194	0.1184	0.1189
November	0.1198	0.1187	0.1189
December	0.1193	0.1186	0.1189