YEARLY HIGH
0.0021 EGP
YEARLY LOW
0.0016 EGP
YEARLY AVERAGE
0.0020 EGP

2023 IDR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0021. Conversely, the yearly low was recorded on January 3, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0005 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0020, the exchange rate registered a net change of 6.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0021 was up 32.32% compared to the 2022 peak of 0.0016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 21,156 EGP
2022 Average 12,899 EGP
Yearly Trough Low 15,889 EGP
Transaction Impact: A difference of 5,266.85 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0021
0.0019
JanuMarcMayJulySeptNove

IDR 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 0.0020, compared to 0.0020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0020
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 EGP (High: 0.0020 / Low: 0.0016). On the other end, August was the most stable month, with a tight range of 0.0000 EGP (High: 0.0020 / Low: 0.0020).

January Spread (Volatile) ±0.0004
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0021) against the same month in 2022 (average: 0.0013), the exchange rate shifted by +0.0008 (+64.29%).

2023 Avg (May) 0.0021
2022 Avg (May) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0020 0.0016 0.0019
February 0.0020 0.0020 0.0020
March 0.0021 0.0020 0.0020
April 0.0021 0.0021 0.0021
May 0.0021 0.0021 0.0021
June 0.0021 0.0021 0.0021
July 0.0021 0.0020 0.0021
August 0.0020 0.0020 0.0020
September 0.0020 0.0020 0.0020
October 0.0020 0.0019 0.0020
November 0.0020 0.0019 0.0020
December 0.0020 0.0020 0.0020