2023 EGP to XCD Historical Review

YEARLY HIGH

0.1093 XCD

YEARLY LOW

0.0870 XCD

YEARLY AVERAGE

0.0882 XCD

2023 EGP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1093. Conversely, the yearly low was recorded on May 1, dropping to 0.0870.

This high-to-low spread represents a total annual volatility of 0.0223 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0948 to the December average rate of 0.0875, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1093 was down 36.64% compared to the 2022 peak of 0.1726, 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 547 XCD

2022 Average 717 XCD

Yearly Trough Low 435 XCD

Transaction Impact: A difference of 111.56 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0956

0.0867

JanuMarcMayJulySeptNove

EGP to XCD 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 0.0890, compared to 0.0875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0890

H2 Avg (Jul–Dec) 0.0875

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0198 XCD (High: 0.1093 / Low: 0.0895). On the other end, September was the most stable month, with a tight range of 0.0003 XCD (High: 0.0876 / Low: 0.0873).

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: 0.0948) against the same month in 2022 (average: 0.1719), the exchange rate shifted by -0.0771 (-44.84%).

2023 Avg (January) 0.0948

2022 Avg (January) 0.1719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1093	0.0895	0.0948
February	0.0895	0.0882	0.0887
March	0.0887	0.0873	0.0877
April	0.0883	0.0870	0.0876
May	0.0893	0.0870	0.0876
June	0.0877	0.0873	0.0875
July	0.0878	0.0874	0.0875
August	0.0878	0.0871	0.0875
September	0.0876	0.0873	0.0875
October	0.0878	0.0871	0.0875
November	0.0882	0.0873	0.0875
December	0.0878	0.0873	0.0875