2023 EGP to EUR Historical Review

YEARLY HIGH

0.0383 EUR

YEARLY LOW

0.0288 EUR

YEARLY AVERAGE

0.0302 EUR

2023 EGP to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0383. Conversely, the yearly low was recorded on July 17, dropping to 0.0288.

This high-to-low spread represents a total annual volatility of 0.0095 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0325 to the December average rate of 0.0296, the exchange rate registered a net change of -8.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0383 was down 34.56% compared to the 2022 peak of 0.0585, 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 191 EUR

2022 Average 251 EUR

Yearly Trough Low 144 EUR

Transaction Impact: A difference of 47.38 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0329

0.0290

JanuMarcMayJulySeptNove

EGP to EUR 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 0.0304, compared to 0.0299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0304

H2 Avg (Jul–Dec) 0.0299

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0078 EUR (High: 0.0383 / Low: 0.0305). On the other end, October was the most stable month, with a tight range of 0.0006 EUR (High: 0.0309 / Low: 0.0303).

January Spread (Volatile) ±0.0078

October Spread (Stable) ±0.0006

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 0.0019 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0325) against the same month in 2022 (average: 0.0562), the exchange rate shifted by -0.0236 (-42.08%).

2023 Avg (January) 0.0325

2022 Avg (January) 0.0562

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0383	0.0305	0.0325
February	0.0310	0.0301	0.0307
March	0.0308	0.0297	0.0303
April	0.0300	0.0292	0.0295
May	0.0303	0.0292	0.0298
June	0.0303	0.0294	0.0298
July	0.0298	0.0288	0.0293
August	0.0300	0.0293	0.0297
September	0.0308	0.0300	0.0303
October	0.0309	0.0303	0.0306
November	0.0306	0.0294	0.0299
December	0.0301	0.0292	0.0296