2023 EGP to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EGP to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EGP to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 297.9760. Conversely, the yearly low was recorded on April 16, dropping to 229.8498.
This high-to-low spread represents a total annual volatility of 68.1261 PYG. From a start-to-finish perspective, comparing the January average rate of 258.7665 to the December average rate of 238.1410, the exchange rate registered a net change of -7.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 297.9760 was down 33.91% compared to the 2022 peak of 450.8473, 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 PYG 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 238.6618, compared to 237.2557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4061 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 53.2759 PYG (High: 297.9760 / Low: 244.7000). On the other end, August was the most stable month, with a tight range of 1.7788 PYG (High: 236.1583 / Low: 234.3795).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 19.1539 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 258.7665) against the same month in 2022 (average: 443.0724), the exchange rate shifted by -184.3059 (-41.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 297.9760 | 244.7000 | 258.7665 |
| February | 243.7146 | 237.0762 | 239.6126 |
| March | 237.7439 | 231.1271 | 233.3163 |
| April | 236.2141 | 229.8498 | 232.1046 |
| May | 236.7963 | 231.2023 | 233.5095 |
| June | 236.0306 | 233.4098 | 234.6614 |
| July | 236.4248 | 233.1100 | 235.2027 |
| August | 236.1583 | 234.3795 | 235.3163 |
| September | 236.6975 | 234.5384 | 235.4561 |
| October | 241.5931 | 235.6709 | 238.6408 |
| November | 242.0329 | 239.1288 | 240.7773 |
| December | 240.8479 | 235.6809 | 238.1410 |