2023 ETB to SOS Historical Review

YEARLY HIGH

10.6884 SOS

YEARLY LOW

10.1227 SOS

YEARLY AVERAGE

10.4028 SOS

2023 ETB to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 10.6884. Conversely, the yearly low was recorded on December 26, dropping to 10.1227.

This high-to-low spread represents a total annual volatility of 0.5656 SOS. From a start-to-finish perspective, comparing the January average rate of 10.6029 to the December average rate of 10.1809, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.6884 was down 10.05% compared to the 2022 peak of 11.8820, 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 53,442 SOS

2022 Average 55,428 SOS

Yearly Trough Low 50,614 SOS

Transaction Impact: A difference of 2,828.15 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.6450

10.1387

JanuMarcMayJulySeptNove

ETB to SOS 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 10.5201, compared to 10.2856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2346 points.

H1 Avg (Jan–Jun) 10.5201

H2 Avg (Jul–Dec) 10.2856

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1861 SOS (High: 10.6884 / Low: 10.5023). On the other end, September was the most stable month, with a tight range of 0.0796 SOS (High: 10.3677 / Low: 10.2880).

February Spread (Volatile) ±0.1861

September Spread (Stable) ±0.0796

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 March and April, when the average rate fell by 0.0809 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 10.5879) against the same month in 2022 (average: 11.5142), the exchange rate shifted by -0.9263 (-8.05%).

2023 Avg (February) 10.5879

2022 Avg (February) 11.5142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6498	10.5669	10.6029
February	10.6884	10.5023	10.5879
March	10.6714	10.5473	10.5672
April	10.5473	10.4298	10.4863
May	10.5054	10.4117	10.4571
June	10.4581	10.3603	10.4195
July	10.4237	10.3397	10.3735
August	10.3961	10.3064	10.3339
September	10.3677	10.2880	10.3246
October	10.3323	10.2316	10.2659
November	10.2967	10.1745	10.2345
December	10.2853	10.1227	10.1809