2023 EGP to PEN Historical Review

YEARLY HIGH

0.1539 PEN

YEARLY LOW

0.1152 PEN

YEARLY AVERAGE

0.1221 PEN

2023 EGP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1539. Conversely, the yearly low was recorded on July 17, dropping to 0.1152.

This high-to-low spread represents a total annual volatility of 0.0388 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1341 to the December average rate of 0.1209, the exchange rate registered a net change of -9.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1539 was down 39.42% compared to the 2022 peak of 0.2541, 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 770 PEN

2022 Average 1,016 PEN

Yearly Trough Low 576 PEN

Transaction Impact: A difference of 193.86 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1359

0.1148

JanuMarcMayJulySeptNove

EGP to PEN 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 0.1237, compared to 0.1206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1237

H2 Avg (Jul–Dec) 0.1206

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0266 PEN (High: 0.1539 / Low: 0.1273). On the other end, July was the most stable month, with a tight range of 0.0027 PEN (High: 0.1179 / Low: 0.1152).

January Spread (Volatile) ±0.0266

July Spread (Stable) ±0.0027

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 0.0082 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1341) against the same month in 2022 (average: 0.2477), the exchange rate shifted by -0.1136 (-45.85%).

2023 Avg (January) 0.1341

2022 Avg (January) 0.2477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1539	0.1273	0.1341
February	0.1290	0.1241	0.1259
March	0.1243	0.1215	0.1226
April	0.1230	0.1190	0.1218
May	0.1222	0.1181	0.1194
June	0.1198	0.1167	0.1180
July	0.1179	0.1152	0.1165
August	0.1208	0.1167	0.1195
September	0.1229	0.1196	0.1205
October	0.1255	0.1223	0.1243
November	0.1245	0.1205	0.1221
December	0.1226	0.1195	0.1209