2023 EGP to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EGP to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EGP to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 455.0986. Conversely, the yearly low was recorded on April 30, dropping to 364.5072.
This high-to-low spread represents a total annual volatility of 90.5914 UZS. From a start-to-finish perspective, comparing the January average rate of 396.5992 to the December average rate of 399.8078, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 455.0986 was down 37.26% compared to the 2022 peak of 725.3716, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EGP to UZS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 375.0180, compared to 391.1364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.1184 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 81.7050 UZS (High: 455.0986 / Low: 373.3937). On the other end, October was the most stable month, with a tight range of 2.9447 UZS (High: 396.7532 / Low: 393.8085).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 24.5301 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 396.5992) against the same month in 2022 (average: 688.7499), the exchange rate shifted by -292.1506 (-42.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 455.0986 | 373.3937 | 396.5992 |
| February | 376.3977 | 368.7296 | 372.0691 |
| March | 373.5272 | 364.5923 | 369.4403 |
| April | 373.4925 | 364.5072 | 369.8138 |
| May | 378.1598 | 366.8273 | 371.0194 |
| June | 373.5210 | 368.9716 | 371.1662 |
| July | 377.3646 | 370.3648 | 374.8433 |
| August | 391.6966 | 373.9233 | 385.6184 |
| September | 395.6590 | 391.9939 | 393.7450 |
| October | 396.7532 | 393.8085 | 395.4666 |
| November | 398.5096 | 395.1517 | 397.3376 |
| December | 401.9634 | 397.3594 | 399.8078 |