2023 HTG to EGP Historical Review

YEARLY HIGH

0.2344 EGP

YEARLY LOW

0.1670 EGP

YEARLY AVERAGE

0.2172 EGP

2023 HTG to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2344. Conversely, the yearly low was recorded on January 2, dropping to 0.1670.

This high-to-low spread represents a total annual volatility of 0.0674 EGP. From a start-to-finish perspective, comparing the January average rate of 0.1928 to the December average rate of 0.2337, the exchange rate registered a net change of 21.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2344 was up 23.95% compared to the 2022 peak of 0.1891, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,172 EGP

2022 Average 816 EGP

Yearly Trough Low 835 EGP

Transaction Impact: A difference of 337.05 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2378

0.1887

JanuMarcMayJulySeptNove

HTG 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 0.2049, compared to 0.2295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 0.2049

H2 Avg (Jul–Dec) 0.2295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0351 EGP (High: 0.2021 / Low: 0.1670). On the other end, December was the most stable month, with a tight range of 0.0016 EGP (High: 0.2344 / Low: 0.2328).

January Spread (Volatile) ±0.0351

December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0023 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2337) against the same month in 2022 (average: 0.1704), the exchange rate shifted by +0.0633 (+37.17%).

2023 Avg (December) 0.2337

2022 Avg (December) 0.1704

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2021	0.1670	0.1928
February	0.2052	0.2001	0.2029
March	0.2038	0.1981	0.2006
April	0.2035	0.1970	0.1989
May	0.2208	0.1997	0.2123
June	0.2241	0.2189	0.2218
July	0.2264	0.2219	0.2242
August	0.2284	0.2255	0.2271
September	0.2299	0.2265	0.2284
October	0.2329	0.2282	0.2306
November	0.2342	0.2322	0.2331
December	0.2344	0.2328	0.2337