2023 EGP to SEK Historical Review

YEARLY HIGH

0.4268 SEK

YEARLY LOW

0.3228 SEK

YEARLY AVERAGE

0.3465 SEK

2023 EGP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4268. Conversely, the yearly low was recorded on December 27, dropping to 0.3228.

This high-to-low spread represents a total annual volatility of 0.1039 SEK. From a start-to-finish perspective, comparing the January average rate of 0.3648 to the December average rate of 0.3315, the exchange rate registered a net change of -9.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4268 was down 32.73% compared to the 2022 peak of 0.6344, 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 2,134 SEK

2022 Average 2,670 SEK

Yearly Trough Low 1,614 SEK

Transaction Impact: A difference of 519.74 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3681

0.3282

JanuMarcMayJulySeptNove

EGP to SEK 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 0.3455, compared to 0.3475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.3455

H2 Avg (Jul–Dec) 0.3475

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0856 SEK (High: 0.4268 / Low: 0.3411). On the other end, September was the most stable month, with a tight range of 0.0082 SEK (High: 0.3616 / Low: 0.3534).

January Spread (Volatile) ±0.0856

September Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between April and June, 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 0.0216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3648) against the same month in 2022 (average: 0.5822), the exchange rate shifted by -0.2174 (-37.35%).

2023 Avg (January) 0.3648

2022 Avg (January) 0.5822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4268	0.3411	0.3648
February	0.3516	0.3385	0.3431
March	0.3492	0.3333	0.3411
April	0.3408	0.3315	0.3355
May	0.3528	0.3292	0.3399
June	0.3534	0.3432	0.3483
July	0.3544	0.3298	0.3410
August	0.3577	0.3419	0.3506
September	0.3616	0.3534	0.3590
October	0.3636	0.3518	0.3569
November	0.3612	0.3337	0.3457
December	0.3405	0.3228	0.3315