2023 SVC to ETB Historical Review

YEARLY HIGH

6.4362 ETB

YEARLY LOW

6.1099 ETB

YEARLY AVERAGE

6.2587 ETB

2023 SVC to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6.4362. Conversely, the yearly low was recorded on January 27, dropping to 6.1099.

This high-to-low spread represents a total annual volatility of 0.3264 ETB. From a start-to-finish perspective, comparing the January average rate of 6.1297 to the December average rate of 6.4115, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.4362 was up 4.98% compared to the 2022 peak of 6.1306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,181 ETB

2022 Average 29,680 ETB

Yearly Trough Low 30,549 ETB

Transaction Impact: A difference of 1,631.78 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.4397

6.1015

JanuMarcMayJulySeptNove

SVC 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 6.1789, compared to 6.3385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1597 points.

H1 Avg (Jan–Jun) 6.1789

H2 Avg (Jul–Dec) 6.3385

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0852 ETB (High: 6.4362 / Low: 6.3511). On the other end, September was the most stable month, with a tight range of 0.0243 ETB (High: 6.3240 / Low: 6.2997).

December Spread (Volatile) ±0.0852

September Spread (Stable) ±0.0243

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: 6.4115) against the same month in 2022 (average: 6.1169), the exchange rate shifted by +0.2946 (+4.82%).

2023 Avg (December) 6.4115

2022 Avg (December) 6.1169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.1478	6.1099	6.1297
February	6.1558	6.1148	6.1375
March	6.1730	6.1434	6.1523
April	6.2298	6.1651	6.1979
May	6.2407	6.1907	6.2169
June	6.2660	6.2116	6.2389
July	6.3051	6.2391	6.2735
August	6.3148	6.2504	6.2952
September	6.3240	6.2997	6.3123
October	6.4036	6.3213	6.3601
November	6.4191	6.3524	6.3787
December	6.4362	6.3511	6.4115