2023 NZD to EGP Historical Review

YEARLY HIGH

19.7506 EGP

YEARLY LOW

15.4775 EGP

YEARLY AVERAGE

18.8236 EGP

2023 NZD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NZD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 19.7506. Conversely, the yearly low was recorded on January 3, dropping to 15.4775.

This high-to-low spread represents a total annual volatility of 4.2731 EGP. From a start-to-finish perspective, comparing the January average rate of 18.3434 to the December average rate of 19.2470, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.7506 was up 23.86% compared to the 2022 peak of 15.9462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,753 EGP

2022 Average 60,841 EGP

Yearly Trough Low 77,387 EGP

Transaction Impact: A difference of 21,365.69 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.3508

18.1049

JanuMarcMayJulySeptNove

NZD 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 18.9768, compared to 18.6704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3064 points.

H1 Avg (Jan–Jun) 18.9768

H2 Avg (Jul–Dec) 18.6704

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 3.9808 EGP (High: 19.4583 / Low: 15.4775). On the other end, September was the most stable month, with a tight range of 0.3907 EGP (High: 18.5245 / Low: 18.1338).

January Spread (Volatile) ±3.9808

September Spread (Stable) ±0.3907

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.7112 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 19.2171) against the same month in 2022 (average: 11.7239), the exchange rate shifted by +7.4932 (+63.91%).

2023 Avg (July) 19.2171

2022 Avg (July) 11.7239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.4583	15.4775	18.3434
February	19.6755	18.7832	19.1383
March	19.3690	18.7778	19.1235
April	19.5229	18.8023	19.1533
May	19.6852	18.6093	19.1448
June	19.2664	18.6949	18.9574
July	19.7506	18.9522	19.2171
August	18.9751	18.2367	18.5060
September	18.5245	18.1338	18.3171
October	18.6702	17.8984	18.2087
November	19.0466	18.1631	18.5262
December	19.5865	18.8881	19.2470