2023 ETB to BTN Historical Review

YEARLY HIGH

1.5467 BTN

YEARLY LOW

1.4761 BTN

YEARLY AVERAGE

1.5083 BTN

2023 ETB to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.5467. Conversely, the yearly low was recorded on December 18, dropping to 1.4761.

This high-to-low spread represents a total annual volatility of 0.0705 BTN. From a start-to-finish perspective, comparing the January average rate of 1.5255 to the December average rate of 1.4837, the exchange rate registered a net change of -2.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5467 was down 1.52% compared to the 2022 peak of 1.5705, 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 7,733 BTN

2022 Average 7,563 BTN

Yearly Trough Low 7,381 BTN

Transaction Impact: A difference of 352.68 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5432

1.4783

JanuMarcMayJulySeptNove

ETB to BTN 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 1.5206, compared to 1.4959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 1.5206

H2 Avg (Jul–Dec) 1.4959

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0347 BTN (High: 1.5467 / Low: 1.5120). On the other end, September was the most stable month, with a tight range of 0.0111 BTN (High: 1.5071 / Low: 1.4960).

January Spread (Volatile) ±0.0347

September Spread (Stable) ±0.0111

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 0.0178 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.5255) against the same month in 2022 (average: 1.5006), the exchange rate shifted by +0.0249 (+1.66%).

2023 Avg (January) 1.5255

2022 Avg (January) 1.5006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5467	1.5120	1.5255
February	1.5439	1.5243	1.5378
March	1.5383	1.5169	1.5295
April	1.5238	1.5032	1.5117
May	1.5250	1.5012	1.5134
June	1.5197	1.4951	1.5058
July	1.5156	1.4854	1.4975
August	1.5138	1.4961	1.5034
September	1.5071	1.4960	1.5032
October	1.5041	1.4855	1.4952
November	1.5002	1.4833	1.4924
December	1.4955	1.4761	1.4837