2023 WST to EGP Historical Review

YEARLY HIGH

11.4732 EGP

YEARLY LOW

9.1619 EGP

YEARLY AVERAGE

11.2216 EGP

2023 WST to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 11.4732. Conversely, the yearly low was recorded on January 2, dropping to 9.1619.

This high-to-low spread represents a total annual volatility of 2.3112 EGP. From a start-to-finish perspective, comparing the January average rate of 10.6093 to the December average rate of 11.0356, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.4732 was up 24.95% compared to the 2022 peak of 9.1820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,366 EGP

2022 Average 35,843 EGP

Yearly Trough Low 45,810 EGP

Transaction Impact: A difference of 11,556.23 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.4980

10.5286

JanuMarcMayJulySeptNove

WST 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 11.2152, compared to 11.2279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 11.2152

H2 Avg (Jul–Dec) 11.2279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.0265 EGP (High: 11.1885 / Low: 9.1619). On the other end, September was the most stable month, with a tight range of 0.0351 EGP (High: 11.3850 / Low: 11.3499).

January Spread (Volatile) ±2.0265

September Spread (Stable) ±0.0351

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.2032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 11.4173) against the same month in 2022 (average: 6.3747), the exchange rate shifted by +5.0425 (+79.10%).

2023 Avg (March) 11.4173

2022 Avg (March) 6.3747

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1885	9.1619	10.6093
February	11.3561	11.1923	11.2967
March	11.4732	11.2709	11.4173
April	11.3910	11.2356	11.3164
May	11.3926	11.1068	11.3155
June	11.3577	11.3012	11.3360
July	11.3677	11.2930	11.3331
August	11.4186	11.3250	11.3680
September	11.3850	11.3499	11.3659
October	11.4161	11.0250	11.2341
November	11.0537	10.9481	11.0309
December	11.0600	10.9986	11.0356