2023 ETB to SEK Historical Review

YEARLY HIGH

0.2028 SEK

YEARLY LOW

0.1768 SEK

YEARLY AVERAGE

0.1939 SEK

2023 ETB to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 0.2028. Conversely, the yearly low was recorded on December 27, dropping to 0.1768.

This high-to-low spread represents a total annual volatility of 0.0260 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1937 to the December average rate of 0.1824, the exchange rate registered a net change of -5.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2028 was down 5.90% compared to the 2022 peak of 0.2155, 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 1,014 SEK

2022 Average 974 SEK

Yearly Trough Low 884 SEK

Transaction Impact: A difference of 130.16 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2027

0.1806

JanuMarcMayJulySeptNove

ETB to SEK 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 0.1941, compared to 0.1936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1941

H2 Avg (Jul–Dec) 0.1936

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0151 SEK (High: 0.2004 / Low: 0.1853). On the other end, October was the most stable month, with a tight range of 0.0047 SEK (High: 0.2008 / Low: 0.1961).

November Spread (Volatile) ±0.0151

October Spread (Stable) ±0.0047

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 November and December, when the average rate fell by 0.0091 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2009) against the same month in 2022 (average: 0.2065), the exchange rate shifted by -0.0056 (-2.70%).

2023 Avg (September) 0.2009

2022 Avg (September) 0.2065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1992	0.1902	0.1937
February	0.1980	0.1922	0.1947
March	0.2004	0.1913	0.1955
April	0.1940	0.1885	0.1910
May	0.1995	0.1870	0.1928
June	0.2007	0.1937	0.1972
July	0.1997	0.1851	0.1920
August	0.2009	0.1920	0.1967
September	0.2028	0.1976	0.2009
October	0.2008	0.1961	0.1983
November	0.2004	0.1853	0.1916
December	0.1882	0.1768	0.1824