2023 ETB to VUV Historical Review

YEARLY HIGH

2.2236 VUV

YEARLY LOW

2.1041 VUV

YEARLY AVERAGE

2.1678 VUV

2023 ETB to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.2236. Conversely, the yearly low was recorded on December 30, dropping to 2.1041.

This high-to-low spread represents a total annual volatility of 0.1195 VUV. From a start-to-finish perspective, comparing the January average rate of 2.2008 to the December average rate of 2.1141, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2236 was down 6.34% compared to the 2022 peak of 2.3740, 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 11,118 VUV

2022 Average 11,251 VUV

Yearly Trough Low 10,520 VUV

Transaction Impact: A difference of 597.42 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2095

2.1054

JanuMarcMayJulySeptNove

ETB to VUV 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 2.1933, compared to 2.1423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 2.1933

H2 Avg (Jul–Dec) 2.1423

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0377 VUV (High: 2.1511 / Low: 2.1134). On the other end, September was the most stable month, with a tight range of 0.0105 VUV (High: 2.1557 / Low: 2.1452).

November Spread (Volatile) ±0.0377

September Spread (Stable) ±0.0105

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 November and December, when the average rate fell by 0.0156 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.1967) against the same month in 2022 (average: 2.2234), the exchange rate shifted by -0.0267 (-1.20%).

2023 Avg (March) 2.1967

2022 Avg (March) 2.2234

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2087	2.1941	2.2008
February	2.2085	2.1841	2.1979
March	2.2236	2.1896	2.1967
April	2.2201	2.1857	2.1963
May	2.1995	2.1754	2.1882
June	2.1925	2.1698	2.1799
July	2.1791	2.1595	2.1695
August	2.1703	2.1446	2.1554
September	2.1557	2.1452	2.1500
October	2.1461	2.1237	2.1349
November	2.1511	2.1134	2.1297
December	2.1315	2.1041	2.1141