2023 EGP to AMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EGP to AMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EGP to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 15.9259. Conversely, the yearly low was recorded on September 23, dropping to 12.3919.
This high-to-low spread represents a total annual volatility of 3.5340 AMD. From a start-to-finish perspective, comparing the January average rate of 13.8773 to the December average rate of 13.0877, the exchange rate registered a net change of -5.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 15.9259 was down 51.73% compared to the 2022 peak of 32.9945, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EGP to AMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.8396, compared to 12.7891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0505 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 2.8050 AMD (High: 15.9259 / Low: 13.1210). On the other end, June was the most stable month, with a tight range of 0.1105 AMD (High: 12.5458 / Low: 12.4354).
Growth Streaks & Declines
TrendsBetween 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 0.9453 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 13.8773) against the same month in 2022 (average: 30.6555), the exchange rate shifted by -16.7782 (-54.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.9259 | 13.1210 | 13.8773 |
| February | 13.2126 | 12.7025 | 12.9320 |
| March | 12.7308 | 12.4871 | 12.6004 |
| April | 12.7060 | 12.4240 | 12.5879 |
| May | 12.7628 | 12.4582 | 12.5351 |
| June | 12.5458 | 12.4354 | 12.5046 |
| July | 12.6687 | 12.4202 | 12.5464 |
| August | 12.5855 | 12.4212 | 12.5049 |
| September | 12.8514 | 12.3919 | 12.5049 |
| October | 13.8927 | 12.7718 | 13.0800 |
| November | 13.0640 | 12.9148 | 13.0108 |
| December | 13.1693 | 12.9977 | 13.0877 |