2023 SDG to ETB Historical Review

YEARLY HIGH

0.1022 ETB

YEARLY LOW

0.0894 ETB

YEARLY AVERAGE

0.0918 ETB

2023 SDG to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.1022. Conversely, the yearly low was recorded on April 30, dropping to 0.0894.

This high-to-low spread represents a total annual volatility of 0.0128 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0930 to the December average rate of 0.0934, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1022 was down 12.14% compared to the 2022 peak of 0.1163, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 511 ETB

2022 Average 527 ETB

Yearly Trough Low 447 ETB

Transaction Impact: A difference of 63.81 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0937

0.0903

JanuMarcMayJulySeptNove

SDG 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 0.0913, compared to 0.0923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0913

H2 Avg (Jul–Dec) 0.0923

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0101 ETB (High: 0.1022 / Low: 0.0921). On the other end, September was the most stable month, with a tight range of 0.0004 ETB (High: 0.0921 / Low: 0.0916).

November Spread (Volatile) ±0.0101

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0932) against the same month in 2022 (average: 0.0934), the exchange rate shifted by -0.0002 (-0.24%).

2023 Avg (November) 0.0932

2022 Avg (November) 0.0934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0943	0.0920	0.0930
February	0.0925	0.0912	0.0917
March	0.0948	0.0894	0.0912
April	0.0949	0.0894	0.0906
May	0.0911	0.0902	0.0906
June	0.0912	0.0902	0.0908
July	0.0916	0.0907	0.0912
August	0.0920	0.0909	0.0916
September	0.0921	0.0916	0.0918
October	0.0930	0.0920	0.0925
November	0.1022	0.0921	0.0932
December	0.0939	0.0927	0.0934