2023 GMD to EGP Historical Review

YEARLY HIGH

0.5212 EGP

YEARLY LOW

0.3989 EGP

YEARLY AVERAGE

0.4930 EGP

2023 GMD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GMD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 0.5212. Conversely, the yearly low was recorded on January 2, dropping to 0.3989.

This high-to-low spread represents a total annual volatility of 0.1222 EGP. From a start-to-finish perspective, comparing the January average rate of 0.4614 to the December average rate of 0.4588, the exchange rate registered a net change of -0.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5212 was up 25.93% compared to the 2022 peak of 0.4138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,606 EGP

2022 Average 1,727 EGP

Yearly Trough Low 1,995 EGP

Transaction Impact: A difference of 611.06 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5255

0.4527

JanuMarcMayJulySeptNove

GMD 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 0.4994, compared to 0.4866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.4994

H2 Avg (Jul–Dec) 0.4866

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0894 EGP (High: 0.4884 / Low: 0.3989). On the other end, June was the most stable month, with a tight range of 0.0035 EGP (High: 0.5212 / Low: 0.5177).

January Spread (Volatile) ±0.0894

June Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0295 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.5194) against the same month in 2022 (average: 0.3462), the exchange rate shifted by +0.1732 (+50.03%).

2023 Avg (June) 0.5194

2022 Avg (June) 0.3462

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4884	0.3989	0.4614
February	0.5021	0.4902	0.4988
March	0.5061	0.4943	0.5019
April	0.5160	0.4915	0.4988
May	0.5189	0.5029	0.5160
June	0.5212	0.5177	0.5194
July	0.5191	0.5151	0.5177
August	0.5141	0.5077	0.5101
September	0.5116	0.4752	0.5002
October	0.4821	0.4682	0.4708
November	0.4750	0.4579	0.4618
December	0.4616	0.4570	0.4588