2023 ETB to GBP Historical Review

YEARLY HIGH

0.0157 GBP

YEARLY LOW

0.0139 GBP

YEARLY AVERAGE

0.0147 GBP

2023 ETB to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0157. Conversely, the yearly low was recorded on July 14, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0018 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0152 to the December average rate of 0.0141, the exchange rate registered a net change of -7.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0157 was down 11.06% compared to the 2022 peak of 0.0177, 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 79 GBP

2022 Average 78 GBP

Yearly Trough Low 69 GBP

Transaction Impact: A difference of 9.21 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0156

0.0139

JanuMarcMayJulySeptNove

ETB to GBP 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 0.0150, compared to 0.0144 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) 0.0150

H2 Avg (Jul–Dec) 0.0144

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 GBP (High: 0.0157 / Low: 0.0150). On the other end, August was the most stable month, with a tight range of 0.0003 GBP (High: 0.0145 / Low: 0.0142).

March Spread (Volatile) ±0.0008

August Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0153) against the same month in 2022 (average: 0.0149), the exchange rate shifted by +0.0005 (+3.22%).

2023 Avg (March) 0.0153

2022 Avg (March) 0.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0157	0.0150	0.0152
February	0.0156	0.0150	0.0154
March	0.0157	0.0150	0.0153
April	0.0151	0.0147	0.0148
May	0.0149	0.0145	0.0147
June	0.0148	0.0143	0.0145
July	0.0144	0.0139	0.0142
August	0.0145	0.0142	0.0143
September	0.0149	0.0143	0.0146
October	0.0149	0.0146	0.0148
November	0.0147	0.0141	0.0144
December	0.0143	0.0139	0.0141