2023 ETB to AWG Historical Review

YEARLY HIGH

0.0339 AWG

YEARLY LOW

0.0315 AWG

YEARLY AVERAGE

0.0329 AWG

2023 ETB to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0339. Conversely, the yearly low was recorded on November 22, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0024 AWG. 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 -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0339 was down 7.42% compared to the 2022 peak of 0.0366, 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 170 AWG

2022 Average 173 AWG

Yearly Trough Low 158 AWG

Transaction Impact: A difference of 12.00 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0337

0.0319

JanuMarcMayJulySeptNove

ETB to AWG 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 0.0009 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0325

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0011 AWG (High: 0.0326 / Low: 0.0315). On the other end, September was the most stable month, with a tight range of 0.0001 AWG (High: 0.0327 / Low: 0.0325).

November Spread (Volatile) ±0.0011

September 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 0.0003 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0335) against the same month in 2022 (average: 0.0352), the exchange rate shifted by -0.0017 (-4.80%).

2023 Avg (March) 0.0335

2022 Avg (March) 0.0352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0337	0.0335	0.0336
February	0.0337	0.0334	0.0335
March	0.0339	0.0334	0.0335
April	0.0336	0.0331	0.0333
May	0.0333	0.0330	0.0331
June	0.0332	0.0328	0.0330
July	0.0330	0.0327	0.0329
August	0.0329	0.0326	0.0327
September	0.0327	0.0325	0.0326
October	0.0326	0.0322	0.0324
November	0.0326	0.0315	0.0322
December	0.0324	0.0319	0.0321