YEARLY HIGH
0.2639 SCR
YEARLY LOW
0.2287 SCR
YEARLY AVERAGE
0.2456 SCR

2023 ETB to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.2639. Conversely, the yearly low was recorded on October 26, dropping to 0.2287.

This high-to-low spread represents a total annual volatility of 0.0351 SCR. From a start-to-finish perspective, comparing the January average rate of 0.2525 to the December average rate of 0.2392, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2639 was down 12.89% compared to the 2022 peak of 0.3029, 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 1,319 SCR
2022 Average 1,306 SCR
Yearly Trough Low 1,144 SCR
Transaction Impact: A difference of 175.64 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2540
0.2365
JanuMarcMayJulySeptNove

ETB to SCR 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 0.2507, compared to 0.2405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.2507
H2 Avg (Jul–Dec) 0.2405

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0230 SCR (High: 0.2639 / Low: 0.2409). On the other end, August was the most stable month, with a tight range of 0.0092 SCR (High: 0.2480 / Low: 0.2388).

January Spread (Volatile) ±0.0230
August Spread (Stable) ±0.0092

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 June and July, when the average rate fell by 0.0073 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2525) against the same month in 2022 (average: 0.2778), the exchange rate shifted by -0.0252 (-9.09%).

2023 Avg (January) 0.2525
2022 Avg (January) 0.2778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2639 0.2409 0.2525
February 0.2636 0.2421 0.2525
March 0.2616 0.2413 0.2505
April 0.2593 0.2378 0.2495
May 0.2583 0.2405 0.2483
June 0.2599 0.2394 0.2511
July 0.2590 0.2371 0.2438
August 0.2480 0.2388 0.2428
September 0.2465 0.2304 0.2380
October 0.2480 0.2287 0.2397
November 0.2466 0.2341 0.2396
December 0.2478 0.2294 0.2392