2023 EGP to STD Historical Review

YEARLY HIGH

923.4948 STD

YEARLY LOW

717.8045 STD

YEARLY AVERAGE

737.7046 STD

2023 EGP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 923.4948. Conversely, the yearly low was recorded on August 13, dropping to 717.8045.

This high-to-low spread represents a total annual volatility of 205.6904 STD. From a start-to-finish perspective, comparing the January average rate of 800.8707 to the December average rate of 721.1019, the exchange rate registered a net change of -9.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 923.4948 was down 32.37% compared to the 2022 peak of 1365.4987, 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 4,617,474 STD

2022 Average 5,863,929 STD

Yearly Trough Low 3,589,022 STD

Transaction Impact: A difference of 1,028,451.77 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

808.8575

713.0165

JanuMarcMayJulySeptNove

EGP to STD 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 751.5891, compared to 723.8200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 27.7691 points.

H1 Avg (Jan–Jun) 751.5891

H2 Avg (Jul–Dec) 723.8200

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 167.2703 STD (High: 923.4948 / Low: 756.2245). On the other end, September was the most stable month, with a tight range of 2.2236 STD (High: 722.1525 / Low: 719.9289).

January Spread (Volatile) ±167.2703

September Spread (Stable) ±2.2236

Growth Streaks & Declines

Trends

Between August and November, 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 51.8756 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -51.8756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 800.8707) against the same month in 2022 (average: 1345.4530), the exchange rate shifted by -544.5822 (-40.48%).

2023 Avg (January) 800.8707

2022 Avg (January) 1345.4530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	923.4948	756.2245	800.8707
February	755.9685	745.0639	748.9951
March	748.8633	737.4591	740.8384
April	745.3287	735.1574	740.0148
May	753.9738	735.0547	740.0869
June	741.0026	737.3176	738.7289
July	741.5382	721.0238	736.8959
August	723.7382	717.8045	721.0033
September	722.1525	719.9289	721.1350
October	724.2228	717.9664	721.3754
November	726.8615	719.9202	721.4086
December	723.5243	719.5104	721.1019