YEARLY HIGH
714.7539 SLL
YEARLY LOW
568.9076 SLL
YEARLY AVERAGE
622.4810 SLL

2023 EGP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 714.7539. Conversely, the yearly low was recorded on May 1, dropping to 568.9076.

This high-to-low spread represents a total annual volatility of 145.8463 SLL. From a start-to-finish perspective, comparing the January average rate of 619.8470 to the December average rate of 678.6321, the exchange rate registered a net change of 9.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 714.7539 was down 17.36% compared to the 2022 peak of 864.8693, 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 3,573,770 SLL
2022 Average 3,570,790 SLL
Yearly Trough Low 2,844,538 SLL
Transaction Impact: A difference of 729,231.61 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

689.6378
561.0343
JanuMarcMayJulySeptNove

EGP to SLL 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 581.7047, compared to 663.2573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 81.5527 points.

H1 Avg (Jan–Jun) 581.7047
H2 Avg (Jul–Dec) 663.2573

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 129.4616 SLL (High: 714.7539 / Low: 585.2923). On the other end, September was the most stable month, with a tight range of 2.0927 SLL (High: 679.6209 / Low: 677.5283).

January Spread (Volatile) ±129.4616
September Spread (Stable) ±2.0927

Growth Streaks & Declines

Trends

Between June and November, 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 January and February, when the average rate fell by 40.1500 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -40.1500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 619.8470) against the same month in 2022 (average: 722.0347), the exchange rate shifted by -102.1877 (-14.15%).

2023 Avg (January) 619.8470
2022 Avg (January) 722.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 714.7539 585.2923 619.8470
February 585.0942 576.6544 579.6970
March 579.5949 570.7685 573.3840
April 576.8593 568.9871 572.7465
May 583.5503 568.9076 572.8023
June 573.5110 570.6590 571.7513
July 680.4984 571.2503 585.8988
August 681.1132 675.5290 678.5394
September 679.6209 677.5283 678.6633
October 681.5692 675.6813 678.8896
November 684.0526 677.5201 678.9208
December 680.9119 677.1344 678.6321