2023 EGP to THB Historical Review

YEARLY HIGH

1.3978 THB

YEARLY LOW

1.0841 THB

YEARLY AVERAGE

1.1349 THB

2023 EGP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.3978. Conversely, the yearly low was recorded on February 1, dropping to 1.0841.

This high-to-low spread represents a total annual volatility of 0.3137 THB. From a start-to-finish perspective, comparing the January average rate of 1.1666 to the December average rate of 1.1296, the exchange rate registered a net change of -3.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3978 was down 34.64% compared to the 2022 peak of 2.1387, 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 6,989 THB

2022 Average 9,261 THB

Yearly Trough Low 5,421 THB

Transaction Impact: A difference of 1,568.58 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1886

1.1007

JanuMarcMayJulySeptNove

EGP to THB 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 1.1244, compared to 1.1454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 1.1244

H2 Avg (Jul–Dec) 1.1454

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3086 THB (High: 1.3978 / Low: 1.0892). On the other end, April was the most stable month, with a tight range of 0.0175 THB (High: 1.1162 / Low: 1.0986).

January Spread (Volatile) ±0.3086

April Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between July and October, 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 0.0485 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.1666) against the same month in 2022 (average: 2.1138), the exchange rate shifted by -0.9472 (-44.81%).

2023 Avg (January) 1.1666

2022 Avg (January) 2.1138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3978	1.0892	1.1666
February	1.1504	1.0841	1.1180
March	1.1423	1.1002	1.1170
April	1.1162	1.0986	1.1081
May	1.1274	1.0892	1.1082
June	1.1534	1.1161	1.1285
July	1.1416	1.1028	1.1213
August	1.1486	1.1095	1.1339
September	1.1870	1.1347	1.1589
October	1.2007	1.1625	1.1813
November	1.1692	1.1217	1.1471
December	1.1546	1.1067	1.1296