2023 MMK to EGP Historical Review

YEARLY HIGH

0.0149 EGP

YEARLY LOW

0.0118 EGP

YEARLY AVERAGE

0.0146 EGP

2023 MMK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0149. Conversely, the yearly low was recorded on January 2, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0032 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0136 to the December average rate of 0.0147, the exchange rate registered a net change of 7.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0149 was up 26.55% compared to the 2022 peak of 0.0118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75 EGP

2022 Average 50 EGP

Yearly Trough Low 59 EGP

Transaction Impact: A difference of 15.79 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0148

0.0135

JanuMarcMayJulySeptNove

MMK 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 0.0145, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0145

H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0026 EGP (High: 0.0144 / Low: 0.0118). On the other end, October was the most stable month, with a tight range of 0.0001 EGP (High: 0.0147 / Low: 0.0147).

January Spread (Volatile) ±0.0026

October Spread (Stable) ±0.0001

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 November and December, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0147) against the same month in 2022 (average: 0.0100), the exchange rate shifted by +0.0047 (+46.48%).

2023 Avg (April) 0.0147

2022 Avg (April) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0144	0.0118	0.0136
February	0.0146	0.0143	0.0145
March	0.0149	0.0146	0.0147
April	0.0149	0.0146	0.0147
May	0.0148	0.0144	0.0147
June	0.0148	0.0147	0.0147
July	0.0149	0.0147	0.0147
August	0.0148	0.0147	0.0147
September	0.0148	0.0147	0.0147
October	0.0147	0.0147	0.0147
November	0.0148	0.0147	0.0147
December	0.0147	0.0146	0.0147