YEARLY HIGH
0.1954 LYD
YEARLY LOW
0.1521 LYD
YEARLY AVERAGE
0.1570 LYD

2023 EGP to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1954. Conversely, the yearly low was recorded on April 16, dropping to 0.1521.

This high-to-low spread represents a total annual volatility of 0.0433 LYD. From a start-to-finish perspective, comparing the January average rate of 0.1678 to the December average rate of 0.1556, the exchange rate registered a net change of -7.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1954 was down 34.16% compared to the 2022 peak of 0.2967, 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 977 LYD
2022 Average 1,271 LYD
Yearly Trough Low 760 LYD
Transaction Impact: A difference of 216.56 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1692
0.1530
JanuMarcMayJulySeptNove

EGP to LYD 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 0.1577, compared to 0.1563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1577
H2 Avg (Jul–Dec) 0.1563

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0378 LYD (High: 0.1954 / Low: 0.1576). On the other end, October was the most stable month, with a tight range of 0.0015 LYD (High: 0.1593 / Low: 0.1578).

January Spread (Volatile) ±0.0378
October Spread (Stable) ±0.0015

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 0.0105 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1678) against the same month in 2022 (average: 0.2920), the exchange rate shifted by -0.1241 (-42.51%).

2023 Avg (January) 0.1678
2022 Avg (January) 0.2920

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1954 0.1576 0.1678
February 0.1583 0.1561 0.1573
March 0.1579 0.1544 0.1560
April 0.1557 0.1521 0.1544
May 0.1567 0.1532 0.1551
June 0.1568 0.1545 0.1558
July 0.1561 0.1532 0.1545
August 0.1565 0.1540 0.1556
September 0.1585 0.1560 0.1570
October 0.1593 0.1578 0.1583
November 0.1585 0.1552 0.1569
December 0.1566 0.1541 0.1556