2023 TJS to EGP Historical Review

YEARLY HIGH

3.0866 EGP

YEARLY LOW

2.4277 EGP

YEARLY AVERAGE

2.8381 EGP

2023 TJS to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 3.0866. Conversely, the yearly low was recorded on January 1, dropping to 2.4277.

This high-to-low spread represents a total annual volatility of 0.6589 EGP. From a start-to-finish perspective, comparing the January average rate of 2.7966 to the December average rate of 2.8247, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0866 was up 25.61% compared to the 2022 peak of 2.4574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,433 EGP

2022 Average 8,891 EGP

Yearly Trough Low 12,139 EGP

Transaction Impact: A difference of 3,294.29 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9476

2.7829

JanuMarcMayJulySeptNove

TJS 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 2.8558, compared to 2.8203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 2.8558

H2 Avg (Jul–Dec) 2.8203

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.5054 EGP (High: 2.9332 / Low: 2.4277). On the other end, September was the most stable month, with a tight range of 0.0161 EGP (High: 2.8230 / Low: 2.8069).

January Spread (Volatile) ±0.5054

September Spread (Stable) ±0.0161

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.0955 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0955

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.9232) against the same month in 2022 (average: 1.3405), the exchange rate shifted by +1.5827 (+118.07%).

2023 Avg (March) 2.9232

2022 Avg (March) 1.3405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9332	2.4277	2.7966
February	3.0592	2.8453	2.9339
March	3.0866	2.8089	2.9232
April	2.8691	2.8057	2.8277
May	2.8478	2.7722	2.8246
June	2.8427	2.8165	2.8289
July	2.8534	2.8088	2.8260
August	2.8278	2.8106	2.8159
September	2.8230	2.8069	2.8137
October	2.8280	2.8078	2.8162
November	2.8406	2.8125	2.8254
December	2.8372	2.8116	2.8247