2023 SCR to EGP Historical Review

YEARLY HIGH

2.4277 EGP

YEARLY LOW

1.8427 EGP

YEARLY AVERAGE

2.2820 EGP

2023 SCR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 2.4277. Conversely, the yearly low was recorded on January 1, dropping to 1.8427.

This high-to-low spread represents a total annual volatility of 0.5851 EGP. From a start-to-finish perspective, comparing the January average rate of 2.1124 to the December average rate of 2.3007, the exchange rate registered a net change of 8.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4277 was up 26.83% compared to the 2022 peak of 1.9142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,139 EGP

2022 Average 7,108 EGP

Yearly Trough Low 9,213 EGP

Transaction Impact: A difference of 2,925.37 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3759

2.0884

JanuMarcMayJulySeptNove

SCR 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 2.2462, compared to 2.3177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0715 points.

H1 Avg (Jan–Jun) 2.2462

H2 Avg (Jul–Dec) 2.3177

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.4515 EGP (High: 2.2942 / Low: 1.8427). On the other end, August was the most stable month, with a tight range of 0.0887 EGP (High: 2.3501 / Low: 2.2614).

January Spread (Volatile) ±0.4515

August Spread (Stable) ±0.0887

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0334 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0334

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.3520) against the same month in 2022 (average: 1.4461), the exchange rate shifted by +0.9059 (+62.64%).

2023 Avg (September) 2.3520

2022 Avg (September) 1.4461

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2942	1.8427	2.1124
February	2.3519	2.1439	2.2500
March	2.3750	2.1878	2.2902
April	2.3929	2.1998	2.2838
May	2.3525	2.1732	2.2855
June	2.3542	2.1816	2.2555
July	2.3708	2.1722	2.3113
August	2.3501	2.2614	2.3111
September	2.4277	2.2688	2.3520
October	2.4250	2.2457	2.3185
November	2.3701	2.2520	2.3125
December	2.3966	2.2036	2.3007