YEARLY HIGH
0.0548 EGP
YEARLY LOW
0.0435 EGP
YEARLY AVERAGE
0.0538 EGP

2023 SOS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0548. Conversely, the yearly low was recorded on January 2, dropping to 0.0435.

This high-to-low spread represents a total annual volatility of 0.0114 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0503 to the December average rate of 0.0540, the exchange rate registered a net change of 7.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0548 was up 25.88% compared to the 2022 peak of 0.0436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274 EGP
2022 Average 167 EGP
Yearly Trough Low 217 EGP
Transaction Impact: A difference of 56.87 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0547
0.0499
JanuMarcMayJulySeptNove

SOS 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 0.0535, compared to 0.0542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0535
H2 Avg (Jul–Dec) 0.0542

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0096 EGP (High: 0.0531 / Low: 0.0435). On the other end, October was the most stable month, with a tight range of 0.0003 EGP (High: 0.0543 / Low: 0.0540).

January Spread (Volatile) ±0.0096
October Spread (Stable) ±0.0003

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0543) against the same month in 2022 (average: 0.0318), the exchange rate shifted by +0.0225 (+70.73%).

2023 Avg (April) 0.0543
2022 Avg (April) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0531 0.0435 0.0503
February 0.0542 0.0527 0.0536
March 0.0546 0.0538 0.0542
April 0.0548 0.0539 0.0543
May 0.0546 0.0532 0.0542
June 0.0547 0.0541 0.0543
July 0.0547 0.0541 0.0543
August 0.0548 0.0541 0.0543
September 0.0544 0.0540 0.0542
October 0.0543 0.0540 0.0541
November 0.0545 0.0539 0.0541
December 0.0542 0.0537 0.0540