2023 EGP to ANG Historical Review

YEARLY HIGH

0.0729 ANG

YEARLY LOW

0.0575 ANG

YEARLY AVERAGE

0.0588 ANG

2023 EGP to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0729. Conversely, the yearly low was recorded on April 30, dropping to 0.0575.

This high-to-low spread represents a total annual volatility of 0.0154 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0632 to the December average rate of 0.0584, the exchange rate registered a net change of -7.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0729 was down 36.79% compared to the 2022 peak of 0.1154, 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 365 ANG

2022 Average 478 ANG

Yearly Trough Low 287 ANG

Transaction Impact: A difference of 77.15 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0637

0.0578

JanuMarcMayJulySeptNove

EGP to ANG 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 0.0593, compared to 0.0583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0593

H2 Avg (Jul–Dec) 0.0583

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0132 ANG (High: 0.0729 / Low: 0.0597). On the other end, October was the most stable month, with a tight range of 0.0003 ANG (High: 0.0585 / Low: 0.0582).

January Spread (Volatile) ±0.0132

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0041 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0632) against the same month in 2022 (average: 0.1145), the exchange rate shifted by -0.0513 (-44.78%).

2023 Avg (January) 0.0632

2022 Avg (January) 0.1145

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0729	0.0597	0.0632
February	0.0601	0.0586	0.0591
March	0.0589	0.0578	0.0584
April	0.0588	0.0575	0.0584
May	0.0597	0.0579	0.0584
June	0.0585	0.0581	0.0583
July	0.0586	0.0577	0.0583
August	0.0585	0.0582	0.0583
September	0.0585	0.0581	0.0583
October	0.0585	0.0582	0.0583
November	0.0585	0.0580	0.0583
December	0.0587	0.0582	0.0584