2023 PLN to ETB Historical Review

YEARLY HIGH

14.4595 ETB

YEARLY LOW

11.9927 ETB

YEARLY AVERAGE

13.0570 ETB

2023 PLN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 14.4595. Conversely, the yearly low was recorded on February 19, dropping to 11.9927.

This high-to-low spread represents a total annual volatility of 2.4668 ETB. From a start-to-finish perspective, comparing the January average rate of 12.3756 to the December average rate of 14.1605, the exchange rate registered a net change of 14.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.4595 was up 13.02% compared to the 2022 peak of 12.7934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 289,190 ETB

2022 Average 233,637 ETB

Yearly Trough Low 239,853 ETB

Transaction Impact: A difference of 49,336.36 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.3649

11.9123

JanuMarcMayJulySeptNove

PLN 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 12.6415, compared to 13.4725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8309 points.

H1 Avg (Jan–Jun) 12.6415

H2 Avg (Jul–Dec) 13.4725

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9874 ETB (High: 14.1771 / Low: 13.1897). On the other end, May was the most stable month, with a tight range of 0.3940 ETB (High: 13.2314 / Low: 12.8374).

November Spread (Volatile) ±0.9874

May Spread (Stable) ±0.3940

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6604 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 14.1605) against the same month in 2022 (average: 12.1173), the exchange rate shifted by +2.0431 (+16.86%).

2023 Avg (December) 14.1605

2022 Avg (December) 12.1173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9611	12.0560	12.3756
February	12.5663	11.9927	12.1166
March	12.5729	12.0425	12.2681
April	13.1092	12.4378	12.8049
May	13.2314	12.8374	13.0126
June	13.5761	12.9653	13.2715
July	13.9331	13.3250	13.6430
August	13.6960	13.2695	13.4784
September	13.3441	12.5444	12.8180
October	13.3182	12.5611	13.0284
November	14.1771	13.1897	13.7067
December	14.4595	13.8477	14.1605