YEARLY HIGH
287.3226 LBP
YEARLY LOW
28.1037 LBP
YEARLY AVERAGE
250.4966 LBP

2023 ETB to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 287.3226. Conversely, the yearly low was recorded on February 3, dropping to 28.1037.

This high-to-low spread represents a total annual volatility of 259.2188 LBP. From a start-to-finish perspective, comparing the January average rate of 28.2623 to the December average rate of 268.0004, the exchange rate registered a net change of 848.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 287.3226 was up 833.37% compared to the 2022 peak of 30.7833, 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 1,436,613 LBP
2022 Average 145,965 LBP
Yearly Trough Low 140,519 LBP
Transaction Impact: A difference of 1,296,094.21 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

305.6815
3.0424
JanuMarcMayJulySeptNove

ETB to LBP 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 229.6485, compared to 271.3447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.6963 points.

H1 Avg (Jan–Jun) 229.6485
H2 Avg (Jul–Dec) 271.3447

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 259.2188 LBP (High: 287.3226 / Low: 28.1037). On the other end, January was the most stable month, with a tight range of 0.3309 LBP (High: 28.4695 / Low: 28.1385).

February Spread (Volatile) ±259.2188
January Spread (Stable) ±0.3309

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 2.5103 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.5103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 235.9954) against the same month in 2022 (average: 29.9845), the exchange rate shifted by +206.0109 (+687.06%).

2023 Avg (February) 235.9954
2022 Avg (February) 29.9845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.4695 28.1385 28.2623
February 287.3226 28.1037 235.9954
March 283.6478 278.6576 280.4615
April 282.7101 275.3688 278.6547
May 281.7343 274.9241 277.4489
June 280.1249 274.0247 277.0679
July 279.1715 272.6016 274.7877
August 278.6145 271.7343 273.4031
September 275.1368 271.7580 272.6101
October 271.5099 268.2376 270.0998
November 270.5314 267.5756 269.1672
December 270.7415 266.8759 268.0004