2023 EGP to SBD Historical Review

YEARLY HIGH

0.3350 SBD

YEARLY LOW

0.2653 SBD

YEARLY AVERAGE

0.2725 SBD

2023 EGP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.3350. Conversely, the yearly low was recorded on March 11, dropping to 0.2653.

This high-to-low spread represents a total annual volatility of 0.0697 SBD. From a start-to-finish perspective, comparing the January average rate of 0.2900 to the December average rate of 0.2737, the exchange rate registered a net change of -5.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3350 was down 35.13% compared to the 2022 peak of 0.5163, 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 1,675 SBD

2022 Average 2,158 SBD

Yearly Trough Low 1,326 SBD

Transaction Impact: A difference of 348.39 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2923

0.2648

JanuMarcMayJulySeptNove

EGP to SBD 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 0.2727, compared to 0.2722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.2727

H2 Avg (Jul–Dec) 0.2722

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0628 SBD (High: 0.3350 / Low: 0.2722). On the other end, June was the most stable month, with a tight range of 0.0016 SBD (High: 0.2708 / Low: 0.2692).

January Spread (Volatile) ±0.0628

June Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0198 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2900) against the same month in 2022 (average: 0.5137), the exchange rate shifted by -0.2237 (-43.55%).

2023 Avg (January) 0.2900

2022 Avg (January) 0.5137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3350	0.2722	0.2900
February	0.2730	0.2684	0.2702
March	0.2691	0.2653	0.2671
April	0.2718	0.2663	0.2689
May	0.2743	0.2673	0.2700
June	0.2708	0.2692	0.2698
July	0.2748	0.2695	0.2709
August	0.2718	0.2696	0.2708
September	0.2736	0.2706	0.2719
October	0.2755	0.2701	0.2730
November	0.2755	0.2713	0.2731
December	0.2752	0.2721	0.2737