YEARLY HIGH
0.0175 CHF
YEARLY LOW
0.0149 CHF
YEARLY AVERAGE
0.0164 CHF

2023 ETB to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0175. Conversely, the yearly low was recorded on December 30, dropping to 0.0149.

This high-to-low spread represents a total annual volatility of 0.0026 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0172 to the December average rate of 0.0154, the exchange rate registered a net change of -10.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0175 was down 9.90% compared to the 2022 peak of 0.0195, 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 88 CHF
2022 Average 92 CHF
Yearly Trough Low 75 CHF
Transaction Impact: A difference of 13.12 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0174
0.0152
JanuMarcMayJulySeptNove

ETB to CHF 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 0.0169, compared to 0.0160 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) 0.0169
H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0009 CHF (High: 0.0158 / Low: 0.0149). On the other end, August was the most stable month, with a tight range of 0.0003 CHF (High: 0.0161 / Low: 0.0158).

December Spread (Volatile) ±0.0009
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0172) against the same month in 2022 (average: 0.0182), the exchange rate shifted by -0.0010 (-5.24%).

2023 Avg (March) 0.0172
2022 Avg (March) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0175 0.0171 0.0172
February 0.0175 0.0169 0.0173
March 0.0175 0.0169 0.0172
April 0.0170 0.0163 0.0166
May 0.0167 0.0162 0.0165
June 0.0167 0.0163 0.0165
July 0.0164 0.0156 0.0159
August 0.0161 0.0158 0.0160
September 0.0166 0.0160 0.0163
October 0.0166 0.0160 0.0162
November 0.0163 0.0156 0.0160
December 0.0158 0.0149 0.0154