2023 ANG to ETB Historical Review

YEARLY HIGH

31.2478 ETB

YEARLY LOW

29.6644 ETB

YEARLY AVERAGE

30.3848 ETB

2023 ANG to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 31.2478. Conversely, the yearly low was recorded on January 27, dropping to 29.6644.

This high-to-low spread represents a total annual volatility of 1.5834 ETB. From a start-to-finish perspective, comparing the January average rate of 29.7605 to the December average rate of 31.1285, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.2478 was up 4.98% compared to the 2022 peak of 29.7661, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 156,239 ETB

2022 Average 144,107 ETB

Yearly Trough Low 148,322 ETB

Transaction Impact: A difference of 7,917.19 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.2653

29.6237

JanuMarcMayJulySeptNove

ANG 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 29.9972, compared to 30.7724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7752 points.

H1 Avg (Jan–Jun) 29.9972

H2 Avg (Jul–Dec) 30.7724

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.4145 ETB (High: 31.2478 / Low: 30.8334). On the other end, March was the most stable month, with a tight range of 0.1032 ETB (High: 29.9287 / Low: 29.8255).

December Spread (Volatile) ±0.4145

March Spread (Stable) ±0.1032

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 31.1285) against the same month in 2022 (average: 29.6978), the exchange rate shifted by +1.4307 (+4.82%).

2023 Avg (December) 31.1285

2022 Avg (December) 29.6978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.8493	29.6644	29.7605
February	29.8897	29.6880	29.7977
March	29.9287	29.8255	29.8680
April	30.2452	29.9287	30.0901
May	30.2965	29.9844	30.1773
June	30.4219	30.1571	30.2896
July	30.6130	30.2922	30.4563
August	30.6590	30.3439	30.5632
September	30.7027	30.5841	30.6460
October	30.9931	30.6909	30.8755
November	31.1685	30.7892	30.9648
December	31.2478	30.8334	31.1285