2023 ETB to CAD Historical Review

YEARLY HIGH

0.0259 CAD

YEARLY LOW

0.0234 CAD

YEARLY AVERAGE

0.0247 CAD

2023 ETB to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0259. Conversely, the yearly low was recorded on December 26, dropping to 0.0234.

This high-to-low spread represents a total annual volatility of 0.0025 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0250 to the December average rate of 0.0239, the exchange rate registered a net change of -4.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0259 was down 1.49% compared to the 2022 peak of 0.0263, 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 130 CAD

2022 Average 125 CAD

Yearly Trough Low 117 CAD

Transaction Impact: A difference of 12.73 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0257

0.0237

JanuMarcMayJulySeptNove

ETB to CAD 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 0.0250, compared to 0.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0250

H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0010 CAD (High: 0.0244 / Low: 0.0234). On the other end, July was the most stable month, with a tight range of 0.0004 CAD (High: 0.0244 / Low: 0.0239).

December Spread (Volatile) ±0.0010

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0255) against the same month in 2022 (average: 0.0247), the exchange rate shifted by +0.0008 (+3.07%).

2023 Avg (March) 0.0255

2022 Avg (March) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0255	0.0248	0.0250
February	0.0254	0.0247	0.0251
March	0.0259	0.0251	0.0255
April	0.0253	0.0246	0.0250
May	0.0252	0.0246	0.0249
June	0.0247	0.0240	0.0243
July	0.0244	0.0239	0.0241
August	0.0247	0.0241	0.0245
September	0.0248	0.0243	0.0245
October	0.0249	0.0244	0.0247
November	0.0248	0.0241	0.0246
December	0.0244	0.0234	0.0239