2023 SRD to EGP Historical Review

YEARLY HIGH

0.9463 EGP

YEARLY LOW

0.7782 EGP

YEARLY AVERAGE

0.8401 EGP

2023 SRD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.9463. Conversely, the yearly low was recorded on January 1, dropping to 0.7782.

This high-to-low spread represents a total annual volatility of 0.1682 EGP. From a start-to-finish perspective, comparing the January average rate of 0.8994 to the December average rate of 0.8271, the exchange rate registered a net change of -8.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9463 was up 5.28% compared to the 2022 peak of 0.8989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,732 EGP

2022 Average 3,986 EGP

Yearly Trough Low 3,891 EGP

Transaction Impact: A difference of 840.87 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9413

0.7945

JanuMarcMayJulySeptNove

SRD 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 0.8673, compared to 0.8128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0545 points.

H1 Avg (Jan–Jun) 0.8673

H2 Avg (Jul–Dec) 0.8128

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1639 EGP (High: 0.9421 / Low: 0.7782). On the other end, October was the most stable month, with a tight range of 0.0102 EGP (High: 0.8133 / Low: 0.8031).

January Spread (Volatile) ±0.1639

October Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0522 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.9291) against the same month in 2022 (average: 0.7630), the exchange rate shifted by +0.1661 (+21.77%).

2023 Avg (February) 0.9291

2022 Avg (February) 0.7630

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9421	0.7782	0.8994
February	0.9463	0.9036	0.9291
March	0.9186	0.8510	0.8910
April	0.8643	0.8186	0.8388
May	0.8325	0.8116	0.8259
June	0.8287	0.8067	0.8196
July	0.8351	0.8002	0.8128
August	0.8121	0.8015	0.8075
September	0.8123	0.8008	0.8068
October	0.8133	0.8031	0.8097
November	0.8182	0.8035	0.8131
December	0.8428	0.8147	0.8271