YEARLY HIGH
0.6888 LSL
YEARLY LOW
0.5643 LSL
YEARLY AVERAGE
0.6023 LSL

2023 EGP to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.6888. Conversely, the yearly low was recorded on February 2, dropping to 0.5643.

This high-to-low spread represents a total annual volatility of 0.1244 LSL. From a start-to-finish perspective, comparing the January average rate of 0.6001 to the December average rate of 0.6042, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6888 was down 32.33% compared to the 2022 peak of 1.0179, 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 3,444 LSL
2022 Average 4,315 LSL
Yearly Trough Low 2,822 LSL
Transaction Impact: A difference of 622.16 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6204
0.5845
JanuMarcMayJulySeptNove

EGP to LSL 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 0.5987, compared to 0.6059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.5987
H2 Avg (Jul–Dec) 0.6059

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1197 LSL (High: 0.6888 / Low: 0.5691). On the other end, September was the most stable month, with a tight range of 0.0163 LSL (High: 0.6223 / Low: 0.6061).

January Spread (Volatile) ±0.1197
September Spread (Stable) ±0.0163

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 June and July, when the average rate fell by 0.0159 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6001) against the same month in 2022 (average: 0.9850), the exchange rate shifted by -0.3850 (-39.08%).

2023 Avg (January) 0.6001
2022 Avg (January) 0.9850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6888 0.5691 0.6001
February 0.6030 0.5643 0.5875
March 0.6028 0.5804 0.5929
April 0.5966 0.5743 0.5880
May 0.6410 0.5906 0.6174
June 0.6400 0.5885 0.6061
July 0.6138 0.5688 0.5902
August 0.6306 0.5829 0.6084
September 0.6223 0.6061 0.6136
October 0.6310 0.6076 0.6170
November 0.6343 0.5876 0.6022
December 0.6179 0.5905 0.6042