2023 PYG to ETB Historical Review

YEARLY HIGH

0.0077 ETB

YEARLY LOW

0.0072 ETB

YEARLY AVERAGE

0.0075 ETB

2023 PYG to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0077. Conversely, the yearly low was recorded on January 23, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0005 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0076, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0077 was up 0.65% compared to the 2022 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39 ETB

2022 Average 37 ETB

Yearly Trough Low 36 ETB

Transaction Impact: A difference of 2.68 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0077

0.0072

JanuMarcMayJulySeptNove

PYG 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 0.0075, compared to 0.0076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0075

H2 Avg (Jul–Dec) 0.0076

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0002 ETB (High: 0.0077 / Low: 0.0075). On the other end, September was the most stable month, with a tight range of 0.0001 ETB (High: 0.0076 / Low: 0.0076).

December Spread (Volatile) ±0.0002

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0076) against the same month in 2022 (average: 0.0074), the exchange rate shifted by +0.0002 (+3.06%).

2023 Avg (December) 0.0076

2022 Avg (December) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0073	0.0072	0.0073
February	0.0074	0.0073	0.0074
March	0.0075	0.0074	0.0075
April	0.0076	0.0075	0.0076
May	0.0076	0.0075	0.0076
June	0.0076	0.0075	0.0075
July	0.0076	0.0075	0.0075
August	0.0076	0.0075	0.0076
September	0.0076	0.0076	0.0076
October	0.0076	0.0075	0.0075
November	0.0076	0.0074	0.0075
December	0.0077	0.0075	0.0076