2023 KMF to ETB Historical Review

YEARLY HIGH

0.1268 ETB

YEARLY LOW

0.1146 ETB

YEARLY AVERAGE

0.1202 ETB

2023 KMF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1268. Conversely, the yearly low was recorded on January 5, dropping to 0.1146.

This high-to-low spread represents a total annual volatility of 0.0122 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1174 to the December average rate of 0.1245, the exchange rate registered a net change of 6.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1268 was up 7.52% compared to the 2022 peak of 0.1179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 KMF based on timing:

Yearly Peak High 634 ETB

2022 Average 556 ETB

Yearly Trough Low 573 ETB

Transaction Impact: A difference of 60.88 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1253

0.1159

JanuMarcMayJulySeptNove

KMF to ETB 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 0.1186, compared to 0.1218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1186

H2 Avg (Jul–Dec) 0.1218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0063 ETB (High: 0.1252 / Low: 0.1189). On the other end, October was the most stable month, with a tight range of 0.0020 ETB (High: 0.1200 / Low: 0.1180).

November Spread (Volatile) ±0.0063

October Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1245) against the same month in 2022 (average: 0.1152), the exchange rate shifted by +0.0093 (+8.10%).

2023 Avg (December) 0.1245

2022 Avg (December) 0.1152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1188	0.1146	0.1174
February	0.1189	0.1151	0.1167
March	0.1193	0.1150	0.1167
April	0.1221	0.1190	0.1207
May	0.1221	0.1178	0.1200
June	0.1217	0.1181	0.1200
July	0.1258	0.1206	0.1231
August	0.1231	0.1209	0.1220
September	0.1216	0.1179	0.1198
October	0.1200	0.1180	0.1193
November	0.1252	0.1189	0.1222
December	0.1268	0.1218	0.1245