2023 EGP to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EGP to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EGP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 510.1869. Conversely, the yearly low was recorded on February 2, dropping to 49.8177.
This high-to-low spread represents a total annual volatility of 460.3692 LBP. From a start-to-finish perspective, comparing the January average rate of 53.1943 to the December average rate of 487.0715, the exchange rate registered a net change of 815.65% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 510.1869 was up 425.37% compared to the 2022 peak of 97.1108, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EGP to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 404.3202, compared to 486.9258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 82.6056 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 460.3692 LBP (High: 510.1869 / Low: 49.8177). On the other end, October was the most stable month, with a tight range of 2.6253 LBP (High: 487.7923 / Low: 485.1669).
Growth Streaks & Declines
TrendsBetween January and April, 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 June and July, when the average rate fell by 1.5475 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 415.3409) against the same month in 2022 (average: 96.2907), the exchange rate shifted by +319.0503 (+331.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.6084 | 50.0958 | 53.1943 |
| February | 510.1869 | 49.8177 | 415.3409 |
| March | 496.2424 | 483.2715 | 489.3171 |
| April | 496.4582 | 481.1819 | 489.4500 |
| May | 503.7726 | 484.4462 | 489.1619 |
| June | 494.3969 | 484.7982 | 489.4571 |
| July | 494.0465 | 482.4460 | 487.9096 |
| August | 493.1197 | 484.8663 | 487.2923 |
| September | 490.9833 | 484.8245 | 487.1927 |
| October | 487.7923 | 485.1669 | 486.2793 |
| November | 487.4788 | 482.4160 | 485.8096 |
| December | 489.8200 | 485.7155 | 487.0715 |