2023 BZD to ETB Historical Review

YEARLY HIGH

27.9393 ETB

YEARLY LOW

26.5219 ETB

YEARLY AVERAGE

27.1705 ETB

2023 BZD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 27.9393. Conversely, the yearly low was recorded on January 27, dropping to 26.5219.

This high-to-low spread represents a total annual volatility of 1.4173 ETB. From a start-to-finish perspective, comparing the January average rate of 26.6091 to the December average rate of 27.8318, the exchange rate registered a net change of 4.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.9393 was up 4.98% compared to the 2022 peak of 26.6151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139,696 ETB

2022 Average 128,851 ETB

Yearly Trough Low 132,610 ETB

Transaction Impact: A difference of 7,086.68 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.9541

26.4869

JanuMarcMayJulySeptNove

BZD 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 26.8263, compared to 27.5148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6885 points.

H1 Avg (Jan–Jun) 26.8263

H2 Avg (Jul–Dec) 27.5148

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.3707 ETB (High: 27.9393 / Low: 27.5686). On the other end, September was the most stable month, with a tight range of 0.1055 ETB (High: 27.4517 / Low: 27.3462).

December Spread (Volatile) ±0.3707

September Spread (Stable) ±0.1055

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: 27.8318) against the same month in 2022 (average: 26.5535), the exchange rate shifted by +1.2783 (+4.81%).

2023 Avg (December) 27.8318

2022 Avg (December) 26.5535

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.6882	26.5219	26.6091
February	26.7236	26.5437	26.6422
March	26.8648	26.6669	26.7328
April	27.0417	26.7598	26.9035
May	27.0892	26.8715	26.9877
June	27.2007	26.9637	27.0823
July	27.3708	27.0844	27.2325
August	27.4123	27.1309	27.3262
September	27.4517	27.3462	27.4009
October	27.7955	27.4411	27.6084
November	27.8675	27.5763	27.6889
December	27.9393	27.5686	27.8318