2023 EGP to SYP Historical Review

YEARLY HIGH

101.6609 SYP

YEARLY LOW

80.9169 SYP

YEARLY AVERAGE

82.0344 SYP

2023 EGP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 101.6609. Conversely, the yearly low was recorded on May 1, dropping to 80.9169.

This high-to-low spread represents a total annual volatility of 20.7440 SYP. From a start-to-finish perspective, comparing the January average rate of 88.1621 to the December average rate of 81.3126, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 101.6609 was down 36.63% compared to the 2022 peak of 160.4201, 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 508,305 SYP

2022 Average 666,671 SYP

Yearly Trough Low 404,585 SYP

Transaction Impact: A difference of 103,720.14 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

88.8482

80.6154

JanuMarcMayJulySeptNove

EGP to SYP 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 82.7371, compared to 81.3317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4054 points.

H1 Avg (Jan–Jun) 82.7371

H2 Avg (Jul–Dec) 81.3317

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 18.4136 SYP (High: 101.6609 / Low: 83.2474). On the other end, September was the most stable month, with a tight range of 0.2507 SYP (High: 81.4310 / Low: 81.1803).

January Spread (Volatile) ±18.4136

September Spread (Stable) ±0.2507

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 5.7106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.7106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 88.1621) against the same month in 2022 (average: 159.8133), the exchange rate shifted by -71.6511 (-44.83%).

2023 Avg (January) 88.1621

2022 Avg (January) 159.8133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	101.6609	83.2474	88.1621
February	83.2192	82.0188	82.4515
March	82.4370	81.1816	81.5536
April	82.0479	80.9282	81.4629
May	82.9996	80.9169	81.4709
June	81.5717	81.1660	81.3214
July	81.6306	81.2501	81.3691
August	81.6098	80.9407	81.3014
September	81.4310	81.1803	81.3163
October	81.6645	80.9590	81.3434
November	81.9620	81.1793	81.3471
December	81.5857	81.1331	81.3126