2023 NPR to EGP Historical Review

YEARLY HIGH

0.2395 EGP

YEARLY LOW

0.1866 EGP

YEARLY AVERAGE

0.2321 EGP

2023 NPR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.2395. Conversely, the yearly low was recorded on January 2, dropping to 0.1866.

This high-to-low spread represents a total annual volatility of 0.0529 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2187 to the December average rate of 0.2318, the exchange rate registered a net change of 5.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2395 was up 25.66% compared to the 2022 peak of 0.1906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,197 EGP

2022 Average 762 EGP

Yearly Trough Low 933 EGP

Transaction Impact: A difference of 264.44 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2371

0.2170

JanuMarcMayJulySeptNove

NPR 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 0.2314, compared to 0.2328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.2314

H2 Avg (Jul–Dec) 0.2328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0443 EGP (High: 0.2309 / Low: 0.1866). On the other end, October was the most stable month, with a tight range of 0.0015 EGP (High: 0.2331 / Low: 0.2316).

January Spread (Volatile) ±0.0443

October Spread (Stable) ±0.0015

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 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.2354) against the same month in 2022 (average: 0.1512), the exchange rate shifted by +0.0842 (+55.73%).

2023 Avg (April) 0.2354

2022 Avg (April) 0.1512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2309	0.1866	0.2187
February	0.2322	0.2283	0.2306
March	0.2367	0.2317	0.2342
April	0.2395	0.2331	0.2354
May	0.2377	0.2306	0.2343
June	0.2367	0.2335	0.2350
July	0.2371	0.2331	0.2351
August	0.2354	0.2316	0.2333
September	0.2335	0.2318	0.2326
October	0.2331	0.2316	0.2322
November	0.2333	0.2314	0.2320
December	0.2326	0.2309	0.2318