2023 ETB to EUR Historical Review

YEARLY HIGH

0.0177 EUR

YEARLY LOW

0.0160 EUR

YEARLY AVERAGE

0.0169 EUR

2023 ETB to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0177. Conversely, the yearly low was recorded on December 27, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0017 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0163, the exchange rate registered a net change of -5.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0177 was down 10.36% compared to the 2022 peak of 0.0198, 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 89 EUR

2022 Average 92 EUR

Yearly Trough Low 80 EUR

Transaction Impact: A difference of 8.56 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0175

0.0162

JanuMarcMayJulySeptNove

ETB to EUR 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 0.0171, compared to 0.0167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0171

H2 Avg (Jul–Dec) 0.0167

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0007 EUR (High: 0.0172 / Low: 0.0165). On the other end, October was the most stable month, with a tight range of 0.0004 EUR (High: 0.0172 / Low: 0.0168).

May Spread (Volatile) ±0.0007

October 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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0173) against the same month in 2022 (average: 0.0178), the exchange rate shifted by -0.0005 (-2.97%).

2023 Avg (January) 0.0173

2022 Avg (January) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0177	0.0171	0.0173
February	0.0176	0.0169	0.0174
March	0.0176	0.0170	0.0174
April	0.0172	0.0166	0.0168
May	0.0172	0.0165	0.0169
June	0.0172	0.0166	0.0169
July	0.0168	0.0162	0.0165
August	0.0168	0.0165	0.0166
September	0.0172	0.0168	0.0170
October	0.0172	0.0168	0.0170
November	0.0170	0.0163	0.0166
December	0.0166	0.0160	0.0163