2023 EGP to TWD Historical Review

YEARLY HIGH

1.2435 TWD

YEARLY LOW

0.9807 TWD

YEARLY AVERAGE

1.0166 TWD

2023 EGP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.2435. Conversely, the yearly low was recorded on March 23, dropping to 0.9807.

This high-to-low spread represents a total annual volatility of 0.2628 TWD. From a start-to-finish perspective, comparing the January average rate of 1.0668 to the December average rate of 1.0102, the exchange rate registered a net change of -5.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2435 was down 31.60% compared to the 2022 peak of 1.8180, 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 6,218 TWD

2022 Average 7,864 TWD

Yearly Trough Low 4,904 TWD

Transaction Impact: A difference of 1,314.08 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0744

0.9832

JanuMarcMayJulySeptNove

EGP to TWD 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 1.0059, compared to 1.0273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 1.0059

H2 Avg (Jul–Dec) 1.0273

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2480 TWD (High: 1.2435 / Low: 0.9955). On the other end, August was the most stable month, with a tight range of 0.0129 TWD (High: 1.0353 / Low: 1.0224).

January Spread (Volatile) ±0.2480

August Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0733 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0668) against the same month in 2022 (average: 1.7591), the exchange rate shifted by -0.6923 (-39.36%).

2023 Avg (January) 1.0668

2022 Avg (January) 1.7591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2435	0.9955	1.0668
February	1.0046	0.9812	0.9935
March	1.0068	0.9807	0.9917
April	1.0032	0.9836	0.9908
May	1.0106	0.9901	0.9956
June	1.0091	0.9904	0.9973
July	1.0181	0.9982	1.0100
August	1.0353	1.0224	1.0296
September	1.0443	1.0304	1.0364
October	1.0519	1.0366	1.0452
November	1.0486	1.0119	1.0326
December	1.0238	0.9911	1.0102