2023 AMD to ETB Historical Review

YEARLY HIGH

0.1439 ETB

YEARLY LOW

0.1299 ETB

YEARLY AVERAGE

0.1395 ETB

2023 AMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.1439. Conversely, the yearly low was recorded on October 5, dropping to 0.1299.

This high-to-low spread represents a total annual volatility of 0.0140 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1356 to the December average rate of 0.1389, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1439 was up 5.48% compared to the 2022 peak of 0.1364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 720 ETB

2022 Average 601 ETB

Yearly Trough Low 649 ETB

Transaction Impact: A difference of 70.25 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1437

0.1349

JanuMarcMayJulySeptNove

AMD to ETB 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 0.1386, compared to 0.1404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1386

H2 Avg (Jul–Dec) 0.1404

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0107 ETB (High: 0.1406 / Low: 0.1299). On the other end, March was the most stable month, with a tight range of 0.0012 ETB (High: 0.1389 / Low: 0.1377).

October Spread (Volatile) ±0.0107

March Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0052 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1429) against the same month in 2022 (average: 0.1289), the exchange rate shifted by +0.0140 (+10.84%).

2023 Avg (September) 0.1429

2022 Avg (September) 0.1289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1367	0.1350	0.1356
February	0.1382	0.1342	0.1363
March	0.1389	0.1377	0.1385
April	0.1411	0.1383	0.1395
May	0.1418	0.1394	0.1407
June	0.1419	0.1404	0.1413
July	0.1425	0.1403	0.1415
August	0.1432	0.1417	0.1425
September	0.1439	0.1391	0.1429
October	0.1406	0.1299	0.1377
November	0.1396	0.1381	0.1387
December	0.1399	0.1374	0.1389