YEARLY HIGH
1.7720 EGP
YEARLY LOW
1.4519 EGP
YEARLY AVERAGE
1.6618 EGP

2023 LSL to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 1.7720. Conversely, the yearly low was recorded on January 2, dropping to 1.4519.

This high-to-low spread represents a total annual volatility of 0.3201 EGP. From a start-to-finish perspective, comparing the January average rate of 1.6730 to the December average rate of 1.6553, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7720 was up 21.93% compared to the 2022 peak of 1.4532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,860 EGP
2022 Average 5,859 EGP
Yearly Trough Low 7,259 EGP
Transaction Impact: A difference of 1,600.61 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7109
1.6125
JanuMarcMayJulySeptNove

LSL 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 1.6725, compared to 1.6511 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 1.6725
H2 Avg (Jul–Dec) 1.6511

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3052 EGP (High: 1.7571 / Low: 1.4519). On the other end, September was the most stable month, with a tight range of 0.0432 EGP (High: 1.6500 / Low: 1.6068).

January Spread (Volatile) ±0.3052
September Spread (Stable) ±0.0432

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0801 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0801

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.7027) against the same month in 2022 (average: 1.0327), the exchange rate shifted by +0.6700 (+64.87%).

2023 Avg (February) 1.7027
2022 Avg (February) 1.0327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7571 1.4519 1.6730
February 1.7720 1.6584 1.7027
March 1.7230 1.6588 1.6868
April 1.7412 1.6761 1.7008
May 1.6931 1.5600 1.6207
June 1.6992 1.5624 1.6508
July 1.7582 1.6293 1.6953
August 1.7155 1.5858 1.6441
September 1.6500 1.6068 1.6298
October 1.6458 1.5848 1.6210
November 1.7018 1.5765 1.6610
December 1.6935 1.6185 1.6553