2023 EGP to QAR Historical Review

YEARLY HIGH

0.1479 QAR

YEARLY LOW

0.1164 QAR

YEARLY AVERAGE

0.1190 QAR

2023 EGP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1479. Conversely, the yearly low was recorded on April 30, dropping to 0.1164.

This high-to-low spread represents a total annual volatility of 0.0315 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1279 to the December average rate of 0.1180, the exchange rate registered a net change of -7.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1479 was down 36.43% compared to the 2022 peak of 0.2326, 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 739 QAR

2022 Average 967 QAR

Yearly Trough Low 582 QAR

Transaction Impact: A difference of 157.56 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1289

0.1168

JanuMarcMayJulySeptNove

EGP to QAR 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 0.1200, compared to 0.1179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1200

H2 Avg (Jul–Dec) 0.1179

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0267 QAR (High: 0.1479 / Low: 0.1212). On the other end, September was the most stable month, with a tight range of 0.0005 QAR (High: 0.1181 / Low: 0.1176).

January Spread (Volatile) ±0.0267

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 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 2 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1279) against the same month in 2022 (average: 0.2316), the exchange rate shifted by -0.1038 (-44.80%).

2023 Avg (January) 0.1279

2022 Avg (January) 0.2316

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1479	0.1212	0.1279
February	0.1217	0.1185	0.1197
March	0.1194	0.1178	0.1184
April	0.1191	0.1164	0.1182
May	0.1203	0.1172	0.1181
June	0.1186	0.1176	0.1179
July	0.1184	0.1174	0.1179
August	0.1183	0.1176	0.1179
September	0.1181	0.1176	0.1179
October	0.1183	0.1174	0.1179
November	0.1186	0.1172	0.1178
December	0.1184	0.1177	0.1180