YEARLY HIGH
0.2365 EGP
YEARLY LOW
0.1887 EGP
YEARLY AVERAGE
0.2186 EGP

2023 JPY to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.2365. Conversely, the yearly low was recorded on January 3, dropping to 0.1887.

This high-to-low spread represents a total annual volatility of 0.0478 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2200 to the December average rate of 0.2151, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2365 was up 25.44% compared to the 2022 peak of 0.1885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 118,247 EGP
2022 Average 72,957 EGP
Yearly Trough Low 94,361 EGP
Transaction Impact: A difference of 23,886.43 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2334
0.2037
JanuMarcMayJulySeptNove

JPY 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 0.2256, compared to 0.2115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.2256
H2 Avg (Jul–Dec) 0.2115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0437 EGP (High: 0.2324 / Low: 0.1887). On the other end, October was the most stable month, with a tight range of 0.0039 EGP (High: 0.2083 / Low: 0.2044).

January Spread (Volatile) ±0.0437
October Spread (Stable) ±0.0039

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 April and May, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2307) against the same month in 2022 (average: 0.1403), the exchange rate shifted by +0.0904 (+64.44%).

2023 Avg (March) 0.2307
2022 Avg (March) 0.1403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2324 0.1887 0.2200
February 0.2352 0.2238 0.2288
March 0.2365 0.2237 0.2307
April 0.2360 0.2249 0.2310
May 0.2307 0.2194 0.2248
June 0.2229 0.2134 0.2186
July 0.2238 0.2137 0.2188
August 0.2183 0.2109 0.2134
September 0.2112 0.2067 0.2090
October 0.2083 0.2044 0.2065
November 0.2105 0.2037 0.2062
December 0.2196 0.2092 0.2151