2023 ETB to BBD Historical Review

YEARLY HIGH

0.0377 BBD

YEARLY LOW

0.0354 BBD

YEARLY AVERAGE

0.0365 BBD

2023 ETB to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0377. Conversely, the yearly low was recorded on December 30, dropping to 0.0354.

This high-to-low spread represents a total annual volatility of 0.0022 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0356, 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 0.0377 was down 7.42% compared to the 2022 peak of 0.0407, 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 188 BBD

2022 Average 193 BBD

Yearly Trough Low 177 BBD

Transaction Impact: A difference of 11.14 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0375

0.0354

JanuMarcMayJulySeptNove

ETB to BBD 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 0.0370, compared to 0.0361 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) 0.0370

H2 Avg (Jul–Dec) 0.0361

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0006 BBD (High: 0.0362 / Low: 0.0356). On the other end, September was the most stable month, with a tight range of 0.0002 BBD (High: 0.0363 / Low: 0.0361).

November Spread (Volatile) ±0.0006

September Spread (Stable) ±0.0002

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: 0.0372) against the same month in 2022 (average: 0.0391), the exchange rate shifted by -0.0019 (-4.83%).

2023 Avg (March) 0.0372

2022 Avg (March) 0.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0374	0.0372	0.0373
February	0.0374	0.0370	0.0372
March	0.0377	0.0371	0.0372
April	0.0373	0.0367	0.0369
May	0.0370	0.0366	0.0368
June	0.0369	0.0365	0.0366
July	0.0366	0.0363	0.0365
August	0.0366	0.0361	0.0363
September	0.0363	0.0361	0.0362
October	0.0362	0.0358	0.0360
November	0.0362	0.0356	0.0359
December	0.0359	0.0354	0.0356