2023 ETB to BOB Historical Review

YEARLY HIGH

0.1293 BOB

YEARLY LOW

0.1227 BOB

YEARLY AVERAGE

0.1262 BOB

2023 ETB to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.1293. Conversely, the yearly low was recorded on December 30, dropping to 0.1227.

This high-to-low spread represents a total annual volatility of 0.0066 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1288 to the December average rate of 0.1232, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1293 was down 7.89% compared to the 2022 peak of 0.1403, 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 646 BOB

2022 Average 664 BOB

Yearly Trough Low 613 BOB

Transaction Impact: A difference of 32.76 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1294

0.1226

JanuMarcMayJulySeptNove

ETB to BOB 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 0.1278, compared to 0.1246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1278

H2 Avg (Jul–Dec) 0.1246

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0022 BOB (High: 0.1289 / Low: 0.1268). On the other end, September was the most stable month, with a tight range of 0.0005 BOB (High: 0.1254 / Low: 0.1249).

April Spread (Volatile) ±0.0022

September Spread (Stable) ±0.0005

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 September and October, when the average rate fell by 0.0009 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1288) against the same month in 2022 (average: 0.1389), the exchange rate shifted by -0.0101 (-7.27%).

2023 Avg (January) 0.1288

2022 Avg (January) 0.1389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1293	0.1284	0.1288
February	0.1292	0.1283	0.1287
March	0.1287	0.1281	0.1284
April	0.1289	0.1268	0.1275
May	0.1276	0.1266	0.1270
June	0.1271	0.1260	0.1266
July	0.1266	0.1252	0.1259
August	0.1264	0.1251	0.1254
September	0.1254	0.1249	0.1251
October	0.1249	0.1233	0.1242
November	0.1243	0.1230	0.1238
December	0.1243	0.1227	0.1232