YEARLY HIGH
0.0706 EGP
YEARLY LOW
0.0531 EGP
YEARLY AVERAGE
0.0673 EGP

2023 KMF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0706. Conversely, the yearly low was recorded on January 3, dropping to 0.0531.

This high-to-low spread represents a total annual volatility of 0.0175 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0627 to the December average rate of 0.0685, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0706 was up 29.98% compared to the 2022 peak of 0.0543, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 353 EGP
2022 Average 205 EGP
Yearly Trough Low 266 EGP
Transaction Impact: A difference of 87.45 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0700
0.0620
JanuMarcMayJulySeptNove

KMF 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 0.0667, compared to 0.0679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0667
H2 Avg (Jul–Dec) 0.0679

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0134 EGP (High: 0.0666 / Low: 0.0531). On the other end, October was the most stable month, with a tight range of 0.0010 EGP (High: 0.0667 / Low: 0.0657).

January Spread (Volatile) ±0.0134
October Spread (Stable) ±0.0010

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 August and September, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0693) against the same month in 2022 (average: 0.0400), the exchange rate shifted by +0.0293 (+73.40%).

2023 Avg (July) 0.0693
2022 Avg (July) 0.0400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0666 0.0531 0.0627
February 0.0671 0.0654 0.0662
March 0.0684 0.0657 0.0669
April 0.0695 0.0679 0.0687
May 0.0695 0.0670 0.0681
June 0.0688 0.0670 0.0679
July 0.0706 0.0681 0.0693
August 0.0691 0.0679 0.0685
September 0.0680 0.0658 0.0670
October 0.0667 0.0657 0.0662
November 0.0691 0.0661 0.0677
December 0.0696 0.0675 0.0685