2023 ETB to AED Historical Review

YEARLY HIGH

0.0692 AED

YEARLY LOW

0.0651 AED

YEARLY AVERAGE

0.0671 AED

2023 ETB to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0692. Conversely, the yearly low was recorded on December 30, dropping to 0.0651.

This high-to-low spread represents a total annual volatility of 0.0041 AED. From a start-to-finish perspective, comparing the January average rate of 0.0685 to the December average rate of 0.0654, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0692 was down 7.42% compared to the 2022 peak of 0.0747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 346 AED

2022 Average 354 AED

Yearly Trough Low 325 AED

Transaction Impact: A difference of 20.47 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0688

0.0651

JanuMarcMayJulySeptNove

ETB to AED 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 0.0680, compared to 0.0663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0680

H2 Avg (Jul–Dec) 0.0663

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0012 AED (High: 0.0665 / Low: 0.0654). On the other end, September was the most stable month, with a tight range of 0.0003 AED (High: 0.0667 / Low: 0.0664).

November Spread (Volatile) ±0.0012

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0683) against the same month in 2022 (average: 0.0718), the exchange rate shifted by -0.0035 (-4.84%).

2023 Avg (March) 0.0683

2022 Avg (March) 0.0718

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0687	0.0683	0.0685
February	0.0687	0.0680	0.0684
March	0.0692	0.0681	0.0683
April	0.0685	0.0675	0.0678
May	0.0679	0.0671	0.0675
June	0.0677	0.0670	0.0673
July	0.0673	0.0667	0.0670
August	0.0671	0.0663	0.0667
September	0.0667	0.0664	0.0665
October	0.0664	0.0657	0.0660
November	0.0665	0.0654	0.0659
December	0.0659	0.0651	0.0654