2023 ETB to SBD Historical Review

YEARLY HIGH

0.1555 SBD

YEARLY LOW

0.1494 SBD

YEARLY AVERAGE

0.1525 SBD

2023 ETB to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1555. Conversely, the yearly low was recorded on December 30, dropping to 0.1494.

This high-to-low spread represents a total annual volatility of 0.0062 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1541 to the December average rate of 0.1506, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1555 was down 5.56% compared to the 2022 peak of 0.1647, 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 778 SBD

2022 Average 784 SBD

Yearly Trough Low 747 SBD

Transaction Impact: A difference of 30.85 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1544

0.1503

JanuMarcMayJulySeptNove

ETB to SBD 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 0.1532, compared to 0.1517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1532

H2 Avg (Jul–Dec) 0.1517

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0037 SBD (High: 0.1555 / Low: 0.1519). On the other end, May was the most stable month, with a tight range of 0.0014 SBD (High: 0.1537 / Low: 0.1524).

April Spread (Volatile) ±0.0037

May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1531) against the same month in 2022 (average: 0.1559), the exchange rate shifted by -0.0029 (-1.83%).

2023 Avg (April) 0.1531

2022 Avg (April) 0.1559

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1553	0.1531	0.1541
February	0.1546	0.1517	0.1533
March	0.1545	0.1523	0.1531
April	0.1555	0.1519	0.1531
May	0.1537	0.1524	0.1531
June	0.1535	0.1519	0.1527
July	0.1548	0.1518	0.1526
August	0.1530	0.1512	0.1519
September	0.1532	0.1512	0.1521
October	0.1528	0.1505	0.1516
November	0.1526	0.1503	0.1513
December	0.1523	0.1494	0.1506