2023 EGP to CNY Historical Review

YEARLY HIGH

0.2791 CNY

YEARLY LOW

0.2204 CNY

YEARLY AVERAGE

0.2309 CNY

2023 EGP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2791. Conversely, the yearly low was recorded on March 23, dropping to 0.2204.

This high-to-low spread represents a total annual volatility of 0.0588 CNY. From a start-to-finish perspective, comparing the January average rate of 0.2384 to the December average rate of 0.2304, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2791 was down 31.27% compared to the 2022 peak of 0.4061, 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 1,396 CNY

2022 Average 1,777 CNY

Yearly Trough Low 1,102 CNY

Transaction Impact: A difference of 293.86 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2399

0.2218

JanuMarcMayJulySeptNove

EGP to CNY 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 0.2280, compared to 0.2337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.2280

H2 Avg (Jul–Dec) 0.2337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0553 CNY (High: 0.2791 / Low: 0.2238). On the other end, September was the most stable month, with a tight range of 0.0031 CNY (High: 0.2379 / Low: 0.2347).

January Spread (Volatile) ±0.0553

September Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0138 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2384) against the same month in 2022 (average: 0.4043), the exchange rate shifted by -0.1659 (-41.03%).

2023 Avg (January) 0.2384

2022 Avg (January) 0.4043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2791	0.2238	0.2384
February	0.2278	0.2223	0.2246
March	0.2266	0.2204	0.2237
April	0.2254	0.2217	0.2233
May	0.2302	0.2226	0.2266
June	0.2349	0.2290	0.2316
July	0.2349	0.2299	0.2327
August	0.2362	0.2315	0.2343
September	0.2379	0.2347	0.2360
October	0.2373	0.2311	0.2355
November	0.2368	0.2288	0.2333
December	0.2321	0.2286	0.2304