2023 EGP to CDF Historical Review

YEARLY HIGH

90.3607 CDF

YEARLY LOW

65.9383 CDF

YEARLY AVERAGE

76.1635 CDF

2023 EGP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 90.3607. Conversely, the yearly low was recorded on May 4, dropping to 65.9383.

This high-to-low spread represents a total annual volatility of 24.4224 CDF. From a start-to-finish perspective, comparing the January average rate of 71.8778 to the December average rate of 88.1090, the exchange rate registered a net change of 22.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 90.3607 was down 29.65% compared to the 2022 peak of 128.4507, 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 451,804 CDF

2022 Average 535,458 CDF

Yearly Trough Low 329,692 CDF

Transaction Impact: A difference of 122,112.00 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

90.2075

65.0245

JanuMarcMayJulySeptNove

EGP to CDF 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 70.2524, compared to 82.0745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.8221 points.

H1 Avg (Jan–Jun) 70.2524

H2 Avg (Jul–Dec) 82.0745

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 15.0732 CDF (High: 83.1975 / Low: 68.1243). On the other end, September was the most stable month, with a tight range of 1.4884 CDF (High: 81.0290 / Low: 79.5406).

January Spread (Volatile) ±15.0732

September Spread (Stable) ±1.4884

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 4.1950 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -4.1950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 88.1090) against the same month in 2022 (average: 82.9614), the exchange rate shifted by +5.1476 (+6.20%).

2023 Avg (December) 88.1090

2022 Avg (December) 82.9614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	83.1975	68.1243	71.8778
February	68.3476	66.8099	67.6828
March	68.0987	66.4117	67.1231
April	70.6132	66.2072	67.4793
May	75.6252	65.9383	70.9600
June	78.0395	75.1728	76.3915
July	82.5208	77.9625	79.9610
August	80.5034	78.8345	80.1266
September	81.0290	79.5406	80.3844
October	84.1257	80.0906	81.5287
November	88.1072	79.6323	82.3376
December	90.3607	86.2532	88.1090