2023 ETB to ANG Historical Review

YEARLY HIGH

0.0337 ANG

YEARLY LOW

0.0320 ANG

YEARLY AVERAGE

0.0329 ANG

2023 ETB to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0337. Conversely, the yearly low was recorded on December 30, dropping to 0.0320.

This high-to-low spread represents a total annual volatility of 0.0017 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0336 to the December average rate of 0.0321, the exchange rate registered a net change of -4.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0337 was down 8.08% compared to the 2022 peak of 0.0367, 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 169 ANG

2022 Average 174 ANG

Yearly Trough Low 160 ANG

Transaction Impact: A difference of 8.54 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0337

0.0320

JanuMarcMayJulySeptNove

ETB to ANG 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 0.0333, compared to 0.0325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0325

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0004 ANG (High: 0.0324 / Low: 0.0320). On the other end, March was the most stable month, with a tight range of 0.0001 ANG (High: 0.0335 / Low: 0.0334).

December Spread (Volatile) ±0.0004

March Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0336) against the same month in 2022 (average: 0.0363), the exchange rate shifted by -0.0027 (-7.44%).

2023 Avg (January) 0.0336

2022 Avg (January) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0337	0.0335	0.0336
February	0.0337	0.0335	0.0336
March	0.0335	0.0334	0.0335
April	0.0334	0.0331	0.0332
May	0.0334	0.0330	0.0331
June	0.0332	0.0329	0.0330
July	0.0330	0.0327	0.0328
August	0.0330	0.0326	0.0327
September	0.0327	0.0326	0.0326
October	0.0326	0.0323	0.0324
November	0.0325	0.0321	0.0323
December	0.0324	0.0320	0.0321