2023 GNF to EGP Historical Review

YEARLY HIGH

0.0036 EGP

YEARLY LOW

0.0029 EGP

YEARLY AVERAGE

0.0036 EGP

2023 GNF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0036. Conversely, the yearly low was recorded on January 1, dropping to 0.0029.

This high-to-low spread represents a total annual volatility of 0.0008 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0036, the exchange rate registered a net change of 8.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0036 was up 27.01% compared to the 2022 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 EGP

2022 Average 11 EGP

Yearly Trough Low 14 EGP

Transaction Impact: A difference of 3.92 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0036

0.0033

JanuMarcMayJulySeptNove

GNF 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 0.0035, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 EGP (High: 0.0035 / Low: 0.0029). On the other end, December was the most stable month, with a tight range of 0.0000 EGP (High: 0.0036 / Low: 0.0036).

January Spread (Volatile) ±0.0007

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0036) against the same month in 2022 (average: 0.0021), the exchange rate shifted by +0.0015 (+73.09%).

2023 Avg (April) 0.0036

2022 Avg (April) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0035	0.0029	0.0033
February	0.0036	0.0035	0.0035
March	0.0036	0.0035	0.0036
April	0.0036	0.0035	0.0036
May	0.0036	0.0035	0.0036
June	0.0036	0.0036	0.0036
July	0.0036	0.0036	0.0036
August	0.0036	0.0036	0.0036
September	0.0036	0.0036	0.0036
October	0.0036	0.0036	0.0036
November	0.0036	0.0036	0.0036
December	0.0036	0.0036	0.0036