YEARLY HIGH
18.8211 KMF
YEARLY LOW
14.1597 KMF
YEARLY AVERAGE
14.8745 KMF

2023 EGP to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 18.8211. Conversely, the yearly low was recorded on July 17, dropping to 14.1597.

This high-to-low spread represents a total annual volatility of 4.6613 KMF. From a start-to-finish perspective, comparing the January average rate of 16.0465 to the December average rate of 14.6002, the exchange rate registered a net change of -9.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.8211 was down 34.67% compared to the 2022 peak of 28.8105, 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 94,105 KMF
2022 Average 123,551 KMF
Yearly Trough Low 70,799 KMF
Transaction Impact: A difference of 23,306.64 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.2082
14.2675
JanuMarcMayJulySeptNove

EGP to KMF 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 15.0117, compared to 14.7373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2744 points.

H1 Avg (Jan–Jun) 15.0117
H2 Avg (Jul–Dec) 14.7373

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.8003 KMF (High: 18.8211 / Low: 15.0208). On the other end, October was the most stable month, with a tight range of 0.2311 KMF (High: 15.2262 / Low: 14.9951).

January Spread (Volatile) ±3.8003
October Spread (Stable) ±0.2311

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 0.9470 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 16.0465) against the same month in 2022 (average: 27.6529), the exchange rate shifted by -11.6064 (-41.97%).

2023 Avg (January) 16.0465
2022 Avg (January) 27.6529

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.8211 15.0208 16.0465
February 15.2885 14.9027 15.0995
March 15.2145 14.6241 14.9518
April 14.7262 14.3924 14.5548
May 14.9327 14.3966 14.6964
June 14.9323 14.5369 14.7212
July 14.6751 14.1597 14.4292
August 14.7371 14.4816 14.6081
September 15.1910 14.7111 14.9174
October 15.2262 14.9951 15.0947
November 15.1234 14.4699 14.7743
December 14.8234 14.3745 14.6002