2023 EGP to CAD Historical Review

YEARLY HIGH

0.0552 CAD

YEARLY LOW

0.0424 CAD

YEARLY AVERAGE

0.0441 CAD

2023 EGP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0552. Conversely, the yearly low was recorded on July 13, dropping to 0.0424.

This high-to-low spread represents a total annual volatility of 0.0127 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0471 to the December average rate of 0.0434, the exchange rate registered a net change of -7.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0552 was down 32.62% compared to the 2022 peak of 0.0819, 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 276 CAD

2022 Average 344 CAD

Yearly Trough Low 212 CAD

Transaction Impact: A difference of 63.75 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0475

0.0424

JanuMarcMayJulySeptNove

EGP to CAD 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 0.0444, compared to 0.0438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0444

H2 Avg (Jul–Dec) 0.0438

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0111 CAD (High: 0.0552 / Low: 0.0441). On the other end, September was the most stable month, with a tight range of 0.0008 CAD (High: 0.0443 / Low: 0.0435).

January Spread (Volatile) ±0.0111

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and October, 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 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0471) against the same month in 2022 (average: 0.0803), the exchange rate shifted by -0.0332 (-41.37%).

2023 Avg (January) 0.0471

2022 Avg (January) 0.0803

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0552	0.0441	0.0471
February	0.0447	0.0436	0.0442
March	0.0452	0.0438	0.0445
April	0.0447	0.0432	0.0438
May	0.0445	0.0433	0.0439
June	0.0437	0.0425	0.0430
July	0.0433	0.0424	0.0428
August	0.0440	0.0429	0.0436
September	0.0443	0.0435	0.0439
October	0.0449	0.0437	0.0444
November	0.0448	0.0439	0.0444
December	0.0441	0.0428	0.0434