2023 JOD to EGP Historical Review

YEARLY HIGH

43.8565 EGP

YEARLY LOW

34.8145 EGP

YEARLY AVERAGE

43.2206 EGP

2023 JOD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 43.8565. Conversely, the yearly low was recorded on January 2, dropping to 34.8145.

This high-to-low spread represents a total annual volatility of 9.0420 EGP. From a start-to-finish perspective, comparing the January average rate of 40.3419 to the December average rate of 43.5555, the exchange rate registered a net change of 7.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 43.8565 was up 25.59% compared to the 2022 peak of 34.9201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 219,282 EGP

2022 Average 135,489 EGP

Yearly Trough Low 174,072 EGP

Transaction Impact: A difference of 45,209.88 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

43.9800

40.0111

JanuMarcMayJulySeptNove

JOD 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 42.8698, compared to 43.5714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7016 points.

H1 Avg (Jan–Jun) 42.8698

H2 Avg (Jul–Dec) 43.5714

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.7306 EGP (High: 42.5451 / Low: 34.8145). On the other end, September was the most stable month, with a tight range of 0.1875 EGP (High: 43.7023 / Low: 43.5149).

January Spread (Volatile) ±7.7306

September Spread (Stable) ±0.1875

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 September and October, when the average rate fell by 0.0629 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 43.6492) against the same month in 2022 (average: 27.0120), the exchange rate shifted by +16.6373 (+61.59%).

2023 Avg (August) 43.6492

2022 Avg (August) 27.0120

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.5451	34.8145	40.3419
February	43.1824	42.5595	42.9524
March	43.6277	42.9331	43.4232
April	43.7643	43.1671	43.4788
May	43.7704	42.6661	43.4703
June	43.6361	43.4252	43.5522
July	43.6113	43.4061	43.5394
August	43.8565	43.4785	43.6492
September	43.7023	43.5149	43.6018
October	43.7353	43.3575	43.5389
November	43.6289	43.2184	43.5434
December	43.6415	43.3994	43.5555