YEARLY HIGH
0.0377 BZD
YEARLY LOW
0.0358 BZD
YEARLY AVERAGE
0.0368 BZD

2023 ETB to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0377. Conversely, the yearly low was recorded on December 30, dropping to 0.0358.

This high-to-low spread represents a total annual volatility of 0.0019 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0376 to the December average rate of 0.0359, 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 0.0377 was down 8.08% compared to the 2022 peak of 0.0410, 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 189 BZD
2022 Average 194 BZD
Yearly Trough Low 179 BZD
Transaction Impact: A difference of 9.56 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0377
0.0358
JanuMarcMayJulySeptNove

ETB to BZD 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 0.0373, compared to 0.0363 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) 0.0373
H2 Avg (Jul–Dec) 0.0363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0005 BZD (High: 0.0363 / Low: 0.0358). On the other end, September was the most stable month, with a tight range of 0.0001 BZD (High: 0.0366 / Low: 0.0364).

December Spread (Volatile) ±0.0005
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 September and October, 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 (January 2023: 0.0376) against the same month in 2022 (average: 0.0406), the exchange rate shifted by -0.0031 (-7.52%).

2023 Avg (January) 0.0376
2022 Avg (January) 0.0406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0377 0.0375 0.0376
February 0.0377 0.0374 0.0375
March 0.0375 0.0372 0.0374
April 0.0374 0.0370 0.0372
May 0.0372 0.0369 0.0371
June 0.0371 0.0368 0.0369
July 0.0369 0.0365 0.0367
August 0.0369 0.0365 0.0366
September 0.0366 0.0364 0.0365
October 0.0364 0.0360 0.0362
November 0.0363 0.0359 0.0361
December 0.0363 0.0358 0.0359