YEARLY HIGH
0.0025 ETB
YEARLY LOW
0.0023 ETB
YEARLY AVERAGE
0.0024 ETB

2023 STD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0025. Conversely, the yearly low was recorded on March 18, dropping to 0.0023.

This high-to-low spread represents a total annual volatility of 0.0002 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0025, the exchange rate registered a net change of 7.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0025 was up 4.83% compared to the 2022 peak of 0.0024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 ETB
2022 Average 12 ETB
Yearly Trough Low 12 ETB
Transaction Impact: A difference of 1.03 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0025
0.0023
JanuMarcMayJulySeptNove

STD 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 0.0024, compared to 0.0025 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) 0.0024
H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0001 ETB (High: 0.0025 / Low: 0.0024). On the other end, September was the most stable month, with a tight range of 0.0000 ETB (High: 0.0025 / Low: 0.0025).

July Spread (Volatile) ±0.0001
September Spread (Stable) ±0.0000

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: 0.0025) against the same month in 2022 (average: 0.0023), the exchange rate shifted by +0.0002 (+7.45%).

2023 Avg (December) 0.0025
2022 Avg (December) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0024
February 0.0024 0.0023 0.0024
March 0.0024 0.0023 0.0024
April 0.0024 0.0023 0.0024
May 0.0024 0.0024 0.0024
June 0.0024 0.0024 0.0024
July 0.0025 0.0024 0.0024
August 0.0025 0.0025 0.0025
September 0.0025 0.0025 0.0025
October 0.0025 0.0025 0.0025
November 0.0025 0.0025 0.0025
December 0.0025 0.0025 0.0025