2023 EGP to WST Historical Review

YEARLY HIGH

0.1091 WST

YEARLY LOW

0.0872 WST

YEARLY AVERAGE

0.0892 WST

2023 EGP to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1091. Conversely, the yearly low was recorded on March 23, dropping to 0.0872.

This high-to-low spread represents a total annual volatility of 0.0220 WST. From a start-to-finish perspective, comparing the January average rate of 0.0947 to the December average rate of 0.0906, the exchange rate registered a net change of -4.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1091 was down 34.82% compared to the 2022 peak of 0.1674, 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 546 WST

2022 Average 708 WST

Yearly Trough Low 436 WST

Transaction Impact: A difference of 109.94 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0954

0.0869

JanuMarcMayJulySeptNove

EGP to WST 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 0.0893, compared to 0.0891 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0893

H2 Avg (Jul–Dec) 0.0891

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0198 WST (High: 0.1091 / Low: 0.0894). On the other end, September was the most stable month, with a tight range of 0.0003 WST (High: 0.0881 / Low: 0.0878).

January Spread (Volatile) ±0.0198

September Spread (Stable) ±0.0003

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 0.0061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0947) against the same month in 2022 (average: 0.1655), the exchange rate shifted by -0.0708 (-42.80%).

2023 Avg (January) 0.0947

2022 Avg (January) 0.1655

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1091	0.0894	0.0947
February	0.0893	0.0881	0.0885
March	0.0887	0.0872	0.0876
April	0.0890	0.0878	0.0884
May	0.0900	0.0878	0.0884
June	0.0885	0.0880	0.0882
July	0.0886	0.0880	0.0882
August	0.0883	0.0876	0.0880
September	0.0881	0.0878	0.0880
October	0.0907	0.0876	0.0890
November	0.0913	0.0905	0.0907
December	0.0909	0.0904	0.0906