2023 KPW to ETB Historical Review

YEARLY HIGH

0.0627 ETB

YEARLY LOW

0.0590 ETB

YEARLY AVERAGE

0.0608 ETB

2023 KPW to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0627. Conversely, the yearly low was recorded on March 18, dropping to 0.0590.

This high-to-low spread represents a total annual volatility of 0.0037 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0596 to the December average rate of 0.0624, the exchange rate registered a net change of 4.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0627 was up 5.06% compared to the 2022 peak of 0.0597, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 313 ETB

2022 Average 289 ETB

Yearly Trough Low 295 ETB

Transaction Impact: A difference of 18.54 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0627

0.0593

JanuMarcMayJulySeptNove

KPW 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 0.0600, compared to 0.0616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0600

H2 Avg (Jul–Dec) 0.0616

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0011 ETB (High: 0.0624 / Low: 0.0613). On the other end, September was the most stable month, with a tight range of 0.0003 ETB (High: 0.0615 / Low: 0.0612).

November Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0624) against the same month in 2022 (average: 0.0595), the exchange rate shifted by +0.0029 (+4.90%).

2023 Avg (December) 0.0624

2022 Avg (December) 0.0595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0598	0.0594	0.0596
February	0.0601	0.0594	0.0597
March	0.0599	0.0590	0.0597
April	0.0605	0.0595	0.0602
May	0.0608	0.0601	0.0604
June	0.0609	0.0603	0.0606
July	0.0612	0.0606	0.0609
August	0.0615	0.0608	0.0612
September	0.0615	0.0612	0.0614
October	0.0621	0.0615	0.0618
November	0.0624	0.0613	0.0619
December	0.0627	0.0619	0.0624