YEARLY HIGH
36.4154 KPW
YEARLY LOW
28.9848 KPW
YEARLY AVERAGE
29.3851 KPW

2023 EGP to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 36.4154. Conversely, the yearly low was recorded on May 1, dropping to 28.9848.

This high-to-low spread represents a total annual volatility of 7.4306 KPW. From a start-to-finish perspective, comparing the January average rate of 31.5801 to the December average rate of 29.1265, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.4154 was down 36.64% compared to the 2022 peak of 57.4753, 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 182,077 KPW
2022 Average 238,820 KPW
Yearly Trough Low 144,924 KPW
Transaction Impact: A difference of 37,153.04 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.8258
28.8768
JanuMarcMayJulySeptNove

EGP to KPW 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 29.6368, compared to 29.1334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5034 points.

H1 Avg (Jan–Jun) 29.6368
H2 Avg (Jul–Dec) 29.1334

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 6.5958 KPW (High: 36.4154 / Low: 29.8196). On the other end, September was the most stable month, with a tight range of 0.0898 KPW (High: 29.1690 / Low: 29.0792).

January Spread (Volatile) ±6.5958
September Spread (Stable) ±0.0898

Growth Streaks & Declines

Trends

Between August and November, 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 2.0456 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 31.5801) against the same month in 2022 (average: 57.2546), the exchange rate shifted by -25.6745 (-44.84%).

2023 Avg (January) 31.5801
2022 Avg (January) 57.2546

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.4154 29.8196 31.5801
February 29.8095 29.3795 29.5345
March 29.5293 29.0796 29.2129
April 29.3899 28.9889 29.1804
May 29.7308 28.9848 29.1832
June 29.2194 29.0741 29.1297
July 29.2405 29.1042 29.1468
August 29.2330 28.9934 29.1226
September 29.1690 29.0792 29.1279
October 29.2526 28.9999 29.1376
November 29.3592 29.0788 29.1389
December 29.2244 29.0623 29.1265