2023 XCD to EGP Historical Review

YEARLY HIGH

11.4894 EGP

YEARLY LOW

9.1450 EGP

YEARLY AVERAGE

11.3423 EGP

2023 XCD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 11.4894. Conversely, the yearly low was recorded on January 2, dropping to 9.1450.

This high-to-low spread represents a total annual volatility of 2.3444 EGP. From a start-to-finish perspective, comparing the January average rate of 10.5897 to the December average rate of 11.4335, the exchange rate registered a net change of 7.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.4894 was up 25.36% compared to the 2022 peak of 9.1650, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,447 EGP

2022 Average 35,549 EGP

Yearly Trough Low 45,725 EGP

Transaction Impact: A difference of 11,722.15 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.5196

10.5052

JanuMarcMayJulySeptNove

XCD 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 11.2537, compared to 11.4309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1772 points.

H1 Avg (Jan–Jun) 11.2537

H2 Avg (Jul–Dec) 11.4309

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.0228 EGP (High: 11.1678 / Low: 9.1450). On the other end, September was the most stable month, with a tight range of 0.0353 EGP (High: 11.4521 / Low: 11.4169).

January Spread (Volatile) ±2.0228

September Spread (Stable) ±0.0353

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 June and July, when the average rate fell by 0.0067 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 11.4116) against the same month in 2022 (average: 6.8229), the exchange rate shifted by +4.5887 (+67.25%).

2023 Avg (May) 11.4116

2022 Avg (May) 6.8229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1678	9.1450	10.5897
February	11.3351	11.1716	11.2758
March	11.4520	11.2776	11.3999
April	11.4878	11.3310	11.4126
May	11.4894	11.2011	11.4116
June	11.4542	11.3972	11.4323
July	11.4423	11.3890	11.4256
August	11.4860	11.3919	11.4351
September	11.4521	11.4169	11.4330
October	11.4835	11.3842	11.4292
November	11.4523	11.3429	11.4287
December	11.4588	11.3952	11.4335