YEARLY HIGH
0.0834 PLN
YEARLY LOW
0.0692 PLN
YEARLY AVERAGE
0.0768 PLN

2023 ETB to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0834. Conversely, the yearly low was recorded on December 27, dropping to 0.0692.

This high-to-low spread represents a total annual volatility of 0.0142 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0808 to the December average rate of 0.0706, the exchange rate registered a net change of -12.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0834 was down 12.12% compared to the 2022 peak of 0.0949, 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 417 PLN
2022 Average 429 PLN
Yearly Trough Low 346 PLN
Transaction Impact: A difference of 71.13 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0837
0.0694
JanuMarcMayJulySeptNove

ETB to PLN 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 0.0792, compared to 0.0743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0792
H2 Avg (Jul–Dec) 0.0743

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0058 PLN (High: 0.0829 / Low: 0.0772). On the other end, May was the most stable month, with a tight range of 0.0023 PLN (High: 0.0779 / Low: 0.0756).

January Spread (Volatile) ±0.0058
May Spread (Stable) ±0.0023

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 October and November, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0825) against the same month in 2022 (average: 0.0797), the exchange rate shifted by +0.0029 (+3.59%).

2023 Avg (February) 0.0825
2022 Avg (February) 0.0797

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0829 0.0772 0.0808
February 0.0834 0.0796 0.0825
March 0.0830 0.0795 0.0815
April 0.0804 0.0763 0.0781
May 0.0779 0.0756 0.0769
June 0.0771 0.0737 0.0754
July 0.0750 0.0718 0.0733
August 0.0754 0.0730 0.0742
September 0.0797 0.0749 0.0780
October 0.0796 0.0751 0.0768
November 0.0758 0.0705 0.0730
December 0.0722 0.0692 0.0706