2023 EGP to BZD Historical Review

YEARLY HIGH

0.0816 BZD

YEARLY LOW

0.0643 BZD

YEARLY AVERAGE

0.0658 BZD

2023 EGP to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0816. Conversely, the yearly low was recorded on April 30, dropping to 0.0643.

This high-to-low spread represents a total annual volatility of 0.0173 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0707 to the December average rate of 0.0653, 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 0.0816 was down 36.79% compared to the 2022 peak of 0.1290, 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 408 BZD

2022 Average 535 BZD

Yearly Trough Low 322 BZD

Transaction Impact: A difference of 86.30 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0713

0.0646

JanuMarcMayJulySeptNove

EGP to BZD 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 0.0663, compared to 0.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0663

H2 Avg (Jul–Dec) 0.0652

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0148 BZD (High: 0.0816 / Low: 0.0668). On the other end, October was the most stable month, with a tight range of 0.0003 BZD (High: 0.0654 / Low: 0.0651).

January Spread (Volatile) ±0.0148

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, 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 0.0046 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0707) against the same month in 2022 (average: 0.1282), the exchange rate shifted by -0.0575 (-44.83%).

2023 Avg (January) 0.0707

2022 Avg (January) 0.1282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0816	0.0668	0.0707
February	0.0672	0.0655	0.0662
March	0.0658	0.0646	0.0653
April	0.0658	0.0643	0.0653
May	0.0666	0.0648	0.0653
June	0.0654	0.0649	0.0652
July	0.0655	0.0646	0.0652
August	0.0654	0.0651	0.0652
September	0.0654	0.0650	0.0652
October	0.0654	0.0651	0.0652
November	0.0654	0.0649	0.0652
December	0.0656	0.0651	0.0653