2023 AUD to ETB Historical Review

YEARLY HIGH

38.5435 ETB

YEARLY LOW

34.9302 ETB

YEARLY AVERAGE

36.3727 ETB

2023 AUD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 38.5435. Conversely, the yearly low was recorded on October 21, dropping to 34.9302.

This high-to-low spread represents a total annual volatility of 3.6133 ETB. From a start-to-finish perspective, comparing the January average rate of 37.3279 to the December average rate of 37.6487, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.5435 was down 0.56% compared to the 2022 peak of 38.7612, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192,717 ETB

2022 Average 180,317 ETB

Yearly Trough Low 174,651 ETB

Transaction Impact: A difference of 18,066.42 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.8839

35.0614

JanuMarcMayJulySeptNove

AUD 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 36.5398, compared to 36.2057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3342 points.

H1 Avg (Jan–Jun) 36.5398

H2 Avg (Jul–Dec) 36.2057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 2.3248 ETB (High: 38.3869 / Low: 36.0621). On the other end, September was the most stable month, with a tight range of 0.6057 ETB (High: 35.7281 / Low: 35.1224).

January Spread (Volatile) ±2.3248

September Spread (Stable) ±0.6057

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 1.2038 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.2038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 37.6487) against the same month in 2022 (average: 36.1456), the exchange rate shifted by +1.5031 (+4.16%).

2023 Avg (December) 37.6487

2022 Avg (December) 36.1456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.3869	36.0621	37.3279
February	38.3573	36.1489	36.9898
March	36.3939	35.2033	35.9115
April	36.9413	35.4247	36.2206
May	36.9124	35.3609	36.1099
June	37.6736	35.9043	36.6792
July	37.6501	36.3474	36.8948
August	36.3825	35.0360	35.6911
September	35.7281	35.1224	35.4636
October	35.8694	34.9302	35.2966
November	37.1101	35.3667	36.2390
December	38.5435	36.5202	37.6487