2023 EGP to SAR Historical Review

YEARLY HIGH

0.1521 SAR

YEARLY LOW

0.1208 SAR

YEARLY AVERAGE

0.1225 SAR

2023 EGP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1521. Conversely, the yearly low was recorded on May 1, dropping to 0.1208.

This high-to-low spread represents a total annual volatility of 0.0312 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1318 to the December average rate of 0.1214, the exchange rate registered a net change of -7.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1521 was down 36.52% compared to the 2022 peak of 0.2396, 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 760 SAR

2022 Average 996 SAR

Yearly Trough Low 604 SAR

Transaction Impact: A difference of 156.24 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1328

0.1203

JanuMarcMayJulySeptNove

EGP to SAR 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 0.1236, compared to 0.1214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1236

H2 Avg (Jul–Dec) 0.1214

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0277 SAR (High: 0.1521 / Low: 0.1244). On the other end, September was the most stable month, with a tight range of 0.0004 SAR (High: 0.1216 / Low: 0.1212).

January Spread (Volatile) ±0.0277

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and October, 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 0.0087 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1318) against the same month in 2022 (average: 0.2387), the exchange rate shifted by -0.1069 (-44.79%).

2023 Avg (January) 0.1318

2022 Avg (January) 0.2387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1521	0.1244	0.1318
February	0.1243	0.1224	0.1231
March	0.1232	0.1214	0.1219
April	0.1225	0.1209	0.1216
May	0.1239	0.1208	0.1216
June	0.1218	0.1212	0.1214
July	0.1219	0.1213	0.1215
August	0.1219	0.1209	0.1214
September	0.1216	0.1212	0.1214
October	0.1218	0.1209	0.1214
November	0.1220	0.1212	0.1214
December	0.1218	0.1212	0.1214