YEARLY HIGH
0.0018 EGP
YEARLY LOW
0.0014 EGP
YEARLY AVERAGE
0.0016 EGP

2023 SLL to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0018. Conversely, the yearly low was recorded on January 2, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0004 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0016 to the December average rate of 0.0015, the exchange rate registered a net change of -9.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0018 was up 10.87% compared to the 2022 peak of 0.0016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9 EGP
2022 Average 7 EGP
Yearly Trough Low 7 EGP
Transaction Impact: A difference of 1.79 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0018
0.0014
JanuMarcMayJulySeptNove

SLL 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 0.0017, compared to 0.0015 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0017
H2 Avg (Jul–Dec) 0.0015

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0003 EGP (High: 0.0017 / Low: 0.0014). On the other end, September was the most stable month, with a tight range of 0.0000 EGP (High: 0.0015 / Low: 0.0015).

January Spread (Volatile) ±0.0003
September Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0017) against the same month in 2022 (average: 0.0014), the exchange rate shifted by +0.0003 (+21.30%).

2023 Avg (May) 0.0017
2022 Avg (May) 0.0014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0017 0.0014 0.0016
February 0.0017 0.0017 0.0017
March 0.0018 0.0017 0.0017
April 0.0018 0.0017 0.0017
May 0.0018 0.0017 0.0017
June 0.0018 0.0017 0.0017
July 0.0018 0.0015 0.0017
August 0.0015 0.0015 0.0015
September 0.0015 0.0015 0.0015
October 0.0015 0.0015 0.0015
November 0.0015 0.0015 0.0015
December 0.0015 0.0015 0.0015