2023 ETB to SDG Historical Review

YEARLY HIGH

11.1865 SDG

YEARLY LOW

9.7890 SDG

YEARLY AVERAGE

10.8944 SDG

2023 ETB to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 11.1865. Conversely, the yearly low was recorded on November 20, dropping to 9.7890.

This high-to-low spread represents a total annual volatility of 1.3975 SDG. From a start-to-finish perspective, comparing the January average rate of 10.7548 to the December average rate of 10.7020, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.1865 was up 0.88% compared to the 2022 peak of 11.0887, 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 55,933 SDG

2022 Average 47,963 SDG

Yearly Trough Low 48,945 SDG

Transaction Impact: A difference of 6,987.73 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.0703

10.6685

JanuMarcMayJulySeptNove

ETB to SDG 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 10.9530, compared to 10.8359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1171 points.

H1 Avg (Jan–Jun) 10.9530

H2 Avg (Jul–Dec) 10.8359

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.0730 SDG (High: 10.8620 / Low: 9.7890). On the other end, September was the most stable month, with a tight range of 0.0516 SDG (High: 10.9147 / Low: 10.8631).

November Spread (Volatile) ±1.0730

September Spread (Stable) ±0.0516

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0827 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 11.0365) against the same month in 2022 (average: 8.7042), the exchange rate shifted by +2.3323 (+26.80%).

2023 Avg (April) 11.0365

2022 Avg (April) 8.7042

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8753	10.6068	10.7548
February	10.9664	10.8148	10.9031
March	11.1797	10.5512	10.9715
April	11.1865	10.5336	11.0365
May	11.0824	10.9794	11.0368
June	11.0843	10.9623	11.0153
July	11.0208	10.9194	10.9631
August	10.9955	10.8653	10.9174
September	10.9147	10.8631	10.8887
October	10.8637	10.7507	10.8060
November	10.8620	9.7890	10.7380
December	10.7899	10.6514	10.7020