YEARLY HIGH
0.0304 XDR
YEARLY LOW
0.0236 XDR
YEARLY AVERAGE
0.0245 XDR

2023 EGP to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EGP to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0304. Conversely, the yearly low was recorded on April 30, dropping to 0.0236.

This high-to-low spread represents a total annual volatility of 0.0067 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0261 to the December average rate of 0.0243, the exchange rate registered a net change of -7.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0304 was down 33.78% compared to the 2022 peak of 0.0458, 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 152 XDR
2022 Average 193 XDR
Yearly Trough Low 118 XDR
Transaction Impact: A difference of 33.74 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0263
0.0238
JanuMarcMayJulySeptNove

EGP to XDR 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 0.0246, compared to 0.0244 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) 0.0246
H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0059 XDR (High: 0.0304 / Low: 0.0245). On the other end, October was the most stable month, with a tight range of 0.0001 XDR (High: 0.0247 / Low: 0.0246).

January Spread (Volatile) ±0.0059
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, 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 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0261) against the same month in 2022 (average: 0.0453), the exchange rate shifted by -0.0192 (-42.38%).

2023 Avg (January) 0.0261
2022 Avg (January) 0.0453

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0304 0.0245 0.0261
February 0.0246 0.0243 0.0245
March 0.0246 0.0241 0.0243
April 0.0242 0.0236 0.0240
May 0.0244 0.0238 0.0241
June 0.0244 0.0240 0.0243
July 0.0243 0.0239 0.0241
August 0.0244 0.0239 0.0242
September 0.0247 0.0243 0.0245
October 0.0247 0.0246 0.0247
November 0.0247 0.0243 0.0245
December 0.0245 0.0241 0.0243