YEARLY HIGH
0.1637 SVC
YEARLY LOW
0.1554 SVC
YEARLY AVERAGE
0.1598 SVC

2023 ETB to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.1637. Conversely, the yearly low was recorded on December 30, dropping to 0.1554.

This high-to-low spread represents a total annual volatility of 0.0083 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1631 to the December average rate of 0.1560, the exchange rate registered a net change of -4.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1637 was down 8.08% compared to the 2022 peak of 0.1781, 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 818 SVC
2022 Average 843 SVC
Yearly Trough Low 777 SVC
Transaction Impact: A difference of 41.50 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1639
0.1553
JanuMarcMayJulySeptNove

ETB to SVC 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 0.1619, compared to 0.1578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1619
H2 Avg (Jul–Dec) 0.1578

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0021 SVC (High: 0.1575 / Low: 0.1554). On the other end, September was the most stable month, with a tight range of 0.0006 SVC (High: 0.1587 / Low: 0.1581).

December Spread (Volatile) ±0.0021
September Spread (Stable) ±0.0006

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 0.0012 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1631) against the same month in 2022 (average: 0.1764), the exchange rate shifted by -0.0133 (-7.52%).

2023 Avg (January) 0.1631
2022 Avg (January) 0.1764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1637 0.1627 0.1631
February 0.1635 0.1624 0.1629
March 0.1628 0.1620 0.1625
April 0.1622 0.1605 0.1613
May 0.1615 0.1602 0.1609
June 0.1610 0.1596 0.1603
July 0.1603 0.1586 0.1594
August 0.1600 0.1584 0.1589
September 0.1587 0.1581 0.1584
October 0.1582 0.1562 0.1572
November 0.1574 0.1558 0.1568
December 0.1575 0.1554 0.1560