2023 EGP to NZD Historical Review

YEARLY HIGH

0.0646 NZD

YEARLY LOW

0.0506 NZD

YEARLY AVERAGE

0.0532 NZD

2023 EGP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0646. Conversely, the yearly low was recorded on July 13, dropping to 0.0506.

This high-to-low spread represents a total annual volatility of 0.0140 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0548 to the December average rate of 0.0520, the exchange rate registered a net change of -5.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0646 was down 33.47% compared to the 2022 peak of 0.0971, 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 323 NZD

2022 Average 417 NZD

Yearly Trough Low 253 NZD

Transaction Impact: A difference of 69.89 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0552

0.0517

JanuMarcMayJulySeptNove

EGP to NZD 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 0.0528, compared to 0.0536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0528

H2 Avg (Jul–Dec) 0.0536

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0132 NZD (High: 0.0646 / Low: 0.0514). On the other end, September was the most stable month, with a tight range of 0.0012 NZD (High: 0.0551 / Low: 0.0540).

January Spread (Volatile) ±0.0132

September Spread (Stable) ±0.0012

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 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0548) against the same month in 2022 (average: 0.0944), the exchange rate shifted by -0.0396 (-41.93%).

2023 Avg (January) 0.0548

2022 Avg (January) 0.0944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0646	0.0514	0.0548
February	0.0532	0.0508	0.0523
March	0.0533	0.0516	0.0523
April	0.0532	0.0512	0.0522
May	0.0537	0.0508	0.0522
June	0.0535	0.0519	0.0528
July	0.0528	0.0506	0.0520
August	0.0548	0.0527	0.0540
September	0.0551	0.0540	0.0546
October	0.0559	0.0536	0.0549
November	0.0551	0.0525	0.0540
December	0.0529	0.0511	0.0520