YEARLY HIGH
0.2963 EGP
YEARLY LOW
0.2227 EGP
YEARLY AVERAGE
0.2828 EGP

2023 RSD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.2963. Conversely, the yearly low was recorded on January 3, dropping to 0.2227.

This high-to-low spread represents a total annual volatility of 0.0736 EGP. From a start-to-finish perspective, comparing the January average rate of 0.2632 to the December average rate of 0.2879, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2963 was up 31.20% compared to the 2022 peak of 0.2259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,482 EGP
2022 Average 859 EGP
Yearly Trough Low 1,114 EGP
Transaction Impact: A difference of 368.17 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2941
0.2604
JanuMarcMayJulySeptNove

RSD 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 0.2804, compared to 0.2852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.2804
H2 Avg (Jul–Dec) 0.2852

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0566 EGP (High: 0.2793 / Low: 0.2227). On the other end, October was the most stable month, with a tight range of 0.0055 EGP (High: 0.2814 / Low: 0.2759).

January Spread (Volatile) ±0.0566
October Spread (Stable) ±0.0055

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 August and September, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2913) against the same month in 2022 (average: 0.1641), the exchange rate shifted by +0.1271 (+77.47%).

2023 Avg (July) 0.2913
2022 Avg (July) 0.1641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2793 0.2227 0.2632
February 0.2833 0.2745 0.2779
March 0.2872 0.2763 0.2814
April 0.2930 0.2839 0.2885
May 0.2921 0.2818 0.2858
June 0.2896 0.2815 0.2858
July 0.2963 0.2861 0.2913
August 0.2906 0.2845 0.2875
September 0.2844 0.2767 0.2813
October 0.2814 0.2759 0.2783
November 0.2900 0.2791 0.2851
December 0.2921 0.2837 0.2879