YEARLY HIGH
42.3484 EGP
YEARLY LOW
32.9359 EGP
YEARLY AVERAGE
40.9113 EGP

2023 XDR to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 42.3484. Conversely, the yearly low was recorded on January 1, dropping to 32.9359.

This high-to-low spread represents a total annual volatility of 9.4124 EGP. From a start-to-finish perspective, comparing the January average rate of 38.4619 to the December average rate of 41.2092, the exchange rate registered a net change of 7.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.3484 was up 23.91% compared to the 2022 peak of 34.1764, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211,742 EGP
2022 Average 131,480 EGP
Yearly Trough Low 164,680 EGP
Transaction Impact: A difference of 47,062.23 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41.9467
38.1451
JanuMarcMayJulySeptNove

XDR 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 40.7869, compared to 41.0358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2489 points.

H1 Avg (Jan–Jun) 40.7869
H2 Avg (Jul–Dec) 41.0358

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.8641 EGP (High: 40.8000 / Low: 32.9359). On the other end, October was the most stable month, with a tight range of 0.2255 EGP (High: 40.6823 / Low: 40.4568).

January Spread (Volatile) ±7.8641
October Spread (Stable) ±0.2255

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 August and September, when the average rate fell by 0.4084 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 41.6299) against the same month in 2022 (average: 25.5153), the exchange rate shifted by +16.1146 (+63.16%).

2023 Avg (April) 41.6299
2022 Avg (April) 25.5153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.8000 32.9359 38.4619
February 41.1172 40.6198 40.8139
March 41.5155 40.6362 41.1093
April 42.3484 41.3002 41.6299
May 42.0352 40.9349 41.4693
June 41.6241 41.0324 41.2369
July 41.8687 41.0797 41.4948
August 41.8737 40.9750 41.2574
September 41.1158 40.4305 40.8490
October 40.6823 40.4568 40.5638
November 41.2020 40.4971 40.8404
December 41.5009 40.8383 41.2092