2023 EGP to VND Historical Review

YEARLY HIGH

956.3134 VND

YEARLY LOW

755.2135 VND

YEARLY AVERAGE

778.1251 VND

2023 EGP to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 956.3134. Conversely, the yearly low was recorded on April 10, dropping to 755.2135.

This high-to-low spread represents a total annual volatility of 201.1000 VND. From a start-to-finish perspective, comparing the January average rate of 823.6088 to the December average rate of 785.8997, the exchange rate registered a net change of -4.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 956.3134 was down 34.55% compared to the 2022 peak of 1461.0273, 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 4,781,567 VND

2022 Average 6,192,975 VND

Yearly Trough Low 3,776,067 VND

Transaction Impact: A difference of 1,005,499.78 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

829.8807

754.6177

JanuMarcMayJulySeptNove

EGP to VND 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 774.7705, compared to 781.4798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7093 points.

H1 Avg (Jan–Jun) 774.7705

H2 Avg (Jul–Dec) 781.4798

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 179.3986 VND (High: 956.3134 / Low: 776.9148). On the other end, June was the most stable month, with a tight range of 4.8424 VND (High: 763.4756 / Low: 758.6331).

January Spread (Volatile) ±179.3986

June Spread (Stable) ±4.8424

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 47.6014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -47.6014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 823.6088) against the same month in 2022 (average: 1444.3979), the exchange rate shifted by -620.7892 (-42.98%).

2023 Avg (January) 823.6088

2022 Avg (January) 1444.3979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	956.3134	776.9148	823.6088
February	779.1695	771.7952	776.0074
March	774.5560	759.2693	766.1387
April	767.2816	755.2135	760.9531
May	774.6341	755.6986	760.8897
June	763.4756	758.6331	761.0254
July	768.9094	762.9620	766.2300
August	781.5518	765.3799	772.3778
September	789.7071	778.0537	783.9794
October	796.2637	783.1494	792.6331
November	800.4006	781.2328	787.7585
December	790.9280	782.8603	785.8997