YEARLY HIGH
0.0201 EGP
YEARLY LOW
0.0020 EGP
YEARLY AVERAGE
0.0037 EGP

2023 LBP to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0201. Conversely, the yearly low was recorded on February 6, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0181 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0021, the exchange rate registered a net change of -89.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0201 was up 22.79% compared to the 2022 peak of 0.0163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100 EGP
2022 Average 63 EGP
Yearly Trough Low 10 EGP
Transaction Impact: A difference of 90.57 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0206
0.0004
JanuMarcMayJulySeptNove

LBP 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 0.0054, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0054
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0181 EGP (High: 0.0201 / Low: 0.0020). On the other end, October was the most stable month, with a tight range of 0.0000 EGP (High: 0.0021 / Low: 0.0021).

February Spread (Volatile) ±0.0181
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0137 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0052) against the same month in 2022 (average: 0.0104), the exchange rate shifted by -0.0052 (-49.67%).

2023 Avg (February) 0.0052
2022 Avg (February) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0200 0.0162 0.0189
February 0.0201 0.0020 0.0052
March 0.0021 0.0020 0.0020
April 0.0021 0.0020 0.0020
May 0.0021 0.0020 0.0020
June 0.0021 0.0020 0.0020
July 0.0021 0.0020 0.0020
August 0.0021 0.0020 0.0021
September 0.0021 0.0020 0.0021
October 0.0021 0.0021 0.0021
November 0.0021 0.0021 0.0021
December 0.0021 0.0020 0.0021