YEARLY HIGH
23.0039 SOS
YEARLY LOW
18.2330 SOS
YEARLY AVERAGE
18.5885 SOS

2023 EGP to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 23.0039. Conversely, the yearly low was recorded on April 30, dropping to 18.2330.

This high-to-low spread represents a total annual volatility of 4.7709 SOS. From a start-to-finish perspective, comparing the January average rate of 19.9555 to the December average rate of 18.5031, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 23.0039 was down 38.30% compared to the 2022 peak of 37.2818, 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 115,020 SOS
2022 Average 152,857 SOS
Yearly Trough Low 91,165 SOS
Transaction Impact: A difference of 23,854.64 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.1104
18.2518
JanuMarcMayJulySeptNove

EGP to SOS 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 18.7192, compared to 18.4578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2614 points.

H1 Avg (Jan–Jun) 18.7192
H2 Avg (Jul–Dec) 18.4578

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 4.1695 SOS (High: 23.0039 / Low: 18.8344). On the other end, October was the most stable month, with a tight range of 0.1164 SOS (High: 18.5289 / Low: 18.4125).

January Spread (Volatile) ±4.1695
October Spread (Stable) ±0.1164

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 1.2941 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 19.9555) against the same month in 2022 (average: 37.0051), the exchange rate shifted by -17.0496 (-46.07%).

2023 Avg (January) 19.9555
2022 Avg (January) 37.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.0039 18.8344 19.9555
February 18.9580 18.4404 18.6614
March 18.5727 18.3034 18.4363
April 18.5646 18.2330 18.4187
May 18.8130 18.2988 18.4366
June 18.4839 18.2831 18.4066
July 18.4956 18.2869 18.4192
August 18.4798 18.2641 18.4185
September 18.5343 18.3979 18.4516
October 18.5289 18.4125 18.4825
November 18.5388 18.3443 18.4718
December 18.6068 18.4652 18.5031