2023 EGP to SCR Historical Review

YEARLY HIGH

0.5427 SCR

YEARLY LOW

0.4119 SCR

YEARLY AVERAGE

0.4389 SCR

2023 EGP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5427. Conversely, the yearly low was recorded on September 20, dropping to 0.4119.

This high-to-low spread represents a total annual volatility of 0.1308 SCR. From a start-to-finish perspective, comparing the January average rate of 0.4748 to the December average rate of 0.4348, the exchange rate registered a net change of -8.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5427 was down 43.10% compared to the 2022 peak of 0.9538, 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 2,713 SCR

2022 Average 3,605 SCR

Yearly Trough Low 2,060 SCR

Transaction Impact: A difference of 653.93 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4798

0.4204

JanuMarcMayJulySeptNove

EGP to SCR 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 0.4461, compared to 0.4316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.4461

H2 Avg (Jul–Dec) 0.4316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1068 SCR (High: 0.5427 / Low: 0.4359). On the other end, August was the most stable month, with a tight range of 0.0167 SCR (High: 0.4422 / Low: 0.4255).

January Spread (Volatile) ±0.1068

August Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0298 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4748) against the same month in 2022 (average: 0.8763), the exchange rate shifted by -0.4015 (-45.82%).

2023 Avg (January) 0.4748

2022 Avg (January) 0.8763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5427	0.4359	0.4748
February	0.4664	0.4252	0.4450
March	0.4571	0.4210	0.4370
April	0.4546	0.4179	0.4382
May	0.4601	0.4251	0.4379
June	0.4584	0.4248	0.4436
July	0.4604	0.4218	0.4329
August	0.4422	0.4255	0.4327
September	0.4408	0.4119	0.4253
October	0.4453	0.4124	0.4315
November	0.4440	0.4219	0.4325
December	0.4538	0.4173	0.4348