YEARLY HIGH
3.2828 RUB
YEARLY LOW
2.2321 RUB
YEARLY AVERAGE
2.7858 RUB

2023 EGP to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 3.2828. Conversely, the yearly low was recorded on January 15, dropping to 2.2321.

This high-to-low spread represents a total annual volatility of 1.0507 RUB. From a start-to-finish perspective, comparing the January average rate of 2.4584 to the December average rate of 2.9470, the exchange rate registered a net change of 19.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.2828 was down 63.79% compared to the 2022 peak of 9.0668, 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 16,414 RUB
2022 Average 18,839 RUB
Yearly Trough Low 11,161 RUB
Transaction Impact: A difference of 5,253.29 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.2152
2.3396
JanuMarcMayJulySeptNove

EGP to RUB 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 2.5402, compared to 3.0314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4911 points.

H1 Avg (Jan–Jun) 2.5402
H2 Avg (Jul–Dec) 3.0314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7453 RUB (High: 2.9774 / Low: 2.2321). On the other end, March was the most stable month, with a tight range of 0.0979 RUB (High: 2.5258 / Low: 2.4279).

January Spread (Volatile) ±0.7453
March Spread (Stable) ±0.0979

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2095 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 3.1423) against the same month in 2022 (average: 3.0804), the exchange rate shifted by +0.0619 (+2.01%).

2023 Avg (October) 3.1423
2022 Avg (October) 3.0804

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9774 2.2321 2.4584
February 2.4891 2.3141 2.4125
March 2.5258 2.4279 2.4782
April 2.6613 2.5233 2.6262
May 2.6315 2.4628 2.5667
June 2.8763 2.6122 2.6995
July 2.9877 2.8451 2.9344
August 3.2392 2.9900 3.1010
September 3.1887 3.0678 3.1307
October 3.2828 3.0079 3.1423
November 3.0186 2.8564 2.9328
December 3.0057 2.8614 2.9470