2023 LBP to ETB Historical Review

YEARLY HIGH

0.0356 ETB

YEARLY LOW

0.0035 ETB

YEARLY AVERAGE

0.0068 ETB

2023 LBP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0356. Conversely, the yearly low was recorded on February 6, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0321 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0354 to the December average rate of 0.0037, the exchange rate registered a net change of -89.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0356 was down 1.61% compared to the 2022 peak of 0.0362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 178 ETB

2022 Average 171 ETB

Yearly Trough Low 17 ETB

Transaction Impact: A difference of 160.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0386

0.0004

JanuMarcMayJulySeptNove

LBP 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 0.0098, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.0098

H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0321 ETB (High: 0.0356 / Low: 0.0035). On the other end, November was the most stable month, with a tight range of 0.0000 ETB (High: 0.0037 / Low: 0.0037).

February Spread (Volatile) ±0.0321

November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0261 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0093) against the same month in 2022 (average: 0.0334), the exchange rate shifted by -0.0241 (-72.25%).

2023 Avg (February) 0.0093

2022 Avg (February) 0.0334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0355	0.0351	0.0354
February	0.0356	0.0035	0.0093
March	0.0036	0.0035	0.0036
April	0.0036	0.0035	0.0036
May	0.0036	0.0035	0.0036
June	0.0036	0.0036	0.0036
July	0.0037	0.0036	0.0036
August	0.0037	0.0036	0.0037
September	0.0037	0.0036	0.0037
October	0.0037	0.0037	0.0037
November	0.0037	0.0037	0.0037
December	0.0037	0.0037	0.0037