2023 EGP to AZN Historical Review

YEARLY HIGH

0.0688 AZN

YEARLY LOW

0.0547 AZN

YEARLY AVERAGE

0.0555 AZN

2023 EGP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0688. Conversely, the yearly low was recorded on May 1, dropping to 0.0547.

This high-to-low spread represents a total annual volatility of 0.0140 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0597 to the December average rate of 0.0550, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0688 was down 36.64% compared to the 2022 peak of 0.1086, 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 344 AZN

2022 Average 451 AZN

Yearly Trough Low 274 AZN

Transaction Impact: A difference of 70.18 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0601

0.0545

JanuMarcMayJulySeptNove

EGP to AZN 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 0.0560, compared to 0.0550 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) 0.0560

H2 Avg (Jul–Dec) 0.0550

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0125 AZN (High: 0.0688 / Low: 0.0563). On the other end, September was the most stable month, with a tight range of 0.0002 AZN (High: 0.0551 / Low: 0.0549).

January Spread (Volatile) ±0.0125

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0597) against the same month in 2022 (average: 0.1081), the exchange rate shifted by -0.0485 (-44.84%).

2023 Avg (January) 0.0597

2022 Avg (January) 0.1081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0688	0.0563	0.0597
February	0.0563	0.0555	0.0558
March	0.0558	0.0549	0.0552
April	0.0555	0.0548	0.0551
May	0.0562	0.0547	0.0551
June	0.0552	0.0549	0.0550
July	0.0552	0.0550	0.0551
August	0.0552	0.0548	0.0550
September	0.0551	0.0549	0.0550
October	0.0553	0.0548	0.0550
November	0.0555	0.0549	0.0551
December	0.0552	0.0549	0.0550