2023 KWD to EGP Historical Review

YEARLY HIGH

101.3187 EGP

YEARLY LOW

80.7903 EGP

YEARLY AVERAGE

99.7447 EGP

2023 KWD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KWD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 101.3187. Conversely, the yearly low was recorded on January 2, dropping to 80.7903.

This high-to-low spread represents a total annual volatility of 20.5284 EGP. From a start-to-finish perspective, comparing the January average rate of 93.6699 to the December average rate of 100.3628, the exchange rate registered a net change of 7.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 101.3187 was up 25.19% compared to the 2022 peak of 80.9321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 506,594 EGP

2022 Average 313,432 EGP

Yearly Trough Low 403,951 EGP

Transaction Impact: A difference of 102,642.13 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

101.3628

92.9705

JanuMarcMayJulySeptNove

KWD 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 99.2435, compared to 100.2460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0025 points.

H1 Avg (Jan–Jun) 99.2435

H2 Avg (Jul–Dec) 100.2460

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 18.0876 EGP (High: 98.8779 / Low: 80.7903). On the other end, September was the most stable month, with a tight range of 0.3724 EGP (High: 100.2564 / Low: 99.8840).

January Spread (Volatile) ±18.0876

September Spread (Stable) ±0.3724

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 July and August, when the average rate fell by 0.3106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 100.6635) against the same month in 2022 (average: 60.3781), the exchange rate shifted by +40.2854 (+66.72%).

2023 Avg (April) 100.6635

2022 Avg (April) 60.3781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	98.8779	80.7903	93.6699
February	99.9372	98.7594	99.5695
March	101.1379	99.4120	100.5041
April	101.3187	99.9341	100.6635
May	101.3075	98.8263	100.4876
June	100.8917	100.1033	100.5663
July	101.1293	100.2741	100.6634
August	100.6422	100.1197	100.3529
September	100.2564	99.8840	100.0813
October	100.3388	99.2873	99.8799
November	100.3686	99.6477	100.1355
December	100.6680	99.7109	100.3628