2023 FJD to EGP Historical Review

YEARLY HIGH

14.1820 EGP

YEARLY LOW

11.1430 EGP

YEARLY AVERAGE

13.7495 EGP

2023 FJD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 14.1820. Conversely, the yearly low was recorded on January 1, dropping to 11.1430.

This high-to-low spread represents a total annual volatility of 3.0390 EGP. From a start-to-finish perspective, comparing the January average rate of 13.1459 to the December average rate of 13.9487, the exchange rate registered a net change of 6.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.1820 was up 25.34% compared to the 2022 peak of 11.3145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 70,910 EGP

2022 Average 43,823 EGP

Yearly Trough Low 55,715 EGP

Transaction Impact: A difference of 15,194.78 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.0289

13.0657

JanuMarcMayJulySeptNove

FJD to EGP 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 13.7678, compared to 13.7311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 13.7678

H2 Avg (Jul–Dec) 13.7311

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.8215 EGP (High: 13.9645 / Low: 11.1430). On the other end, October was the most stable month, with a tight range of 0.2029 EGP (High: 13.6782 / Low: 13.4753).

January Spread (Volatile) ±2.8215

October Spread (Stable) ±0.2029

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.2240 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 13.9230) against the same month in 2022 (average: 8.5494), the exchange rate shifted by +5.3736 (+62.85%).

2023 Avg (July) 13.9230

2022 Avg (July) 8.5494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9645	11.1430	13.1459
February	14.0471	13.7608	13.8898
March	14.0048	13.6832	13.8904
April	14.0695	13.7978	13.9364
May	14.0904	13.6957	13.8623
June	14.0667	13.6638	13.8821
July	14.1820	13.7202	13.9230
August	13.9521	13.4424	13.6990
September	13.6729	13.4391	13.6058
October	13.6782	13.4753	13.5392
November	13.8909	13.3963	13.6710
December	14.1088	13.7501	13.9487