2023 KES to EGP Historical Review

YEARLY HIGH

0.2444 EGP

YEARLY LOW

0.1966 EGP

YEARLY AVERAGE

0.2201 EGP

2023 KES to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.2444. Conversely, the yearly low was recorded on December 30, dropping to 0.1966.

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 0.2309 to the December average rate of 0.2001, the exchange rate registered a net change of -13.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2444 was up 21.20% compared to the 2022 peak of 0.2017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,222 EGP

2022 Average 812 EGP

Yearly Trough Low 983 EGP

Transaction Impact: A difference of 239.06 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2468

0.1958

JanuMarcMayJulySeptNove

KES 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 0.2312, compared to 0.2090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.2312

H2 Avg (Jul–Dec) 0.2090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0422 EGP (High: 0.2425 / Low: 0.2003). On the other end, November was the most stable month, with a tight range of 0.0036 EGP (High: 0.2056 / Low: 0.2020).

January Spread (Volatile) ±0.0422

November Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0082 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2425) against the same month in 2022 (average: 0.1383), the exchange rate shifted by +0.1042 (+75.38%).

2023 Avg (February) 0.2425

2022 Avg (February) 0.1383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2425	0.2003	0.2309
February	0.2444	0.2407	0.2425
March	0.2419	0.2318	0.2378
April	0.2337	0.2255	0.2296
May	0.2297	0.2218	0.2248
June	0.2245	0.2194	0.2214
July	0.2235	0.2166	0.2184
August	0.2176	0.2125	0.2150
September	0.2127	0.2084	0.2105
October	0.2094	0.2052	0.2070
November	0.2056	0.2020	0.2033
December	0.2030	0.1966	0.2001