2023 SOS to ETB Historical Review

YEARLY HIGH

0.0988 ETB

YEARLY LOW

0.0936 ETB

YEARLY AVERAGE

0.0961 ETB

2023 SOS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0988. Conversely, the yearly low was recorded on February 4, dropping to 0.0936.

This high-to-low spread represents a total annual volatility of 0.0052 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0943 to the December average rate of 0.0982, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0988 was up 4.17% compared to the 2022 peak of 0.0948, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 494 ETB

2022 Average 451 ETB

Yearly Trough Low 468 ETB

Transaction Impact: A difference of 26.14 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0986

0.0939

JanuMarcMayJulySeptNove

SOS 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 0.0951, compared to 0.0972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0951

H2 Avg (Jul–Dec) 0.0972

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0017 ETB (High: 0.0952 / Low: 0.0936). On the other end, January was the most stable month, with a tight range of 0.0007 ETB (High: 0.0946 / Low: 0.0939).

February Spread (Volatile) ±0.0017

January Spread (Stable) ±0.0007

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: 0.0982) against the same month in 2022 (average: 0.0941), the exchange rate shifted by +0.0041 (+4.37%).

2023 Avg (December) 0.0982

2022 Avg (December) 0.0941

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0946	0.0939	0.0943
February	0.0952	0.0936	0.0944
March	0.0948	0.0937	0.0946
April	0.0959	0.0948	0.0954
May	0.0960	0.0952	0.0956
June	0.0965	0.0956	0.0960
July	0.0967	0.0959	0.0964
August	0.0970	0.0962	0.0968
September	0.0972	0.0965	0.0969
October	0.0977	0.0968	0.0974
November	0.0983	0.0971	0.0977
December	0.0988	0.0972	0.0982