2023 TWD to EGP Historical Review

YEARLY HIGH

1.0197 EGP

YEARLY LOW

0.8042 EGP

YEARLY AVERAGE

0.9846 EGP

2023 TWD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 1.0197. Conversely, the yearly low was recorded on January 2, dropping to 0.8042.

This high-to-low spread represents a total annual volatility of 0.2155 EGP. From a start-to-finish perspective, comparing the January average rate of 0.9420 to the December average rate of 0.9900, the exchange rate registered a net change of 5.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0197 was up 25.85% compared to the 2022 peak of 0.8102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,098 EGP

2022 Average 3,216 EGP

Yearly Trough Low 4,021 EGP

Transaction Impact: A difference of 1,077.49 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0160

0.9353

JanuMarcMayJulySeptNove

TWD 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 0.9956, compared to 0.9736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.9956

H2 Avg (Jul–Dec) 0.9736

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2004 EGP (High: 1.0045 / Low: 0.8042). On the other end, August was the most stable month, with a tight range of 0.0122 EGP (High: 0.9781 / Low: 0.9659).

January Spread (Volatile) ±0.2004

August Spread (Stable) ±0.0122

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 0.0188 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.0084) against the same month in 2022 (average: 0.5864), the exchange rate shifted by +0.4220 (+71.97%).

2023 Avg (March) 1.0084

2022 Avg (March) 0.5864

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0045	0.8042	0.9420
February	1.0192	0.9954	1.0066
March	1.0197	0.9932	1.0084
April	1.0167	0.9968	1.0093
May	1.0100	0.9895	1.0045
June	1.0097	0.9910	1.0027
July	1.0018	0.9822	0.9901
August	0.9781	0.9659	0.9713
September	0.9705	0.9576	0.9649
October	0.9647	0.9507	0.9568
November	0.9883	0.9536	0.9685
December	1.0090	0.9767	0.9900