2023 BTN to ETB Historical Review

YEARLY HIGH

0.6774 ETB

YEARLY LOW

0.6465 ETB

YEARLY AVERAGE

0.6631 ETB

2023 BTN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.6774. Conversely, the yearly low was recorded on January 3, dropping to 0.6465.

This high-to-low spread represents a total annual volatility of 0.0309 ETB. From a start-to-finish perspective, comparing the January average rate of 0.6555 to the December average rate of 0.6740, the exchange rate registered a net change of 2.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6774 was down 0.67% compared to the 2022 peak of 0.6820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,387 ETB

2022 Average 3,307 ETB

Yearly Trough Low 3,233 ETB

Transaction Impact: A difference of 154.47 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6764

0.6479

JanuMarcMayJulySeptNove

BTN 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 0.6577, compared to 0.6685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 0.6577

H2 Avg (Jul–Dec) 0.6685

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0148 ETB (High: 0.6614 / Low: 0.6465). On the other end, September was the most stable month, with a tight range of 0.0049 ETB (High: 0.6685 / Low: 0.6635).

January Spread (Volatile) ±0.0148

September Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6740) against the same month in 2022 (average: 0.6492), the exchange rate shifted by +0.0248 (+3.81%).

2023 Avg (December) 0.6740

2022 Avg (December) 0.6492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6614	0.6465	0.6555
February	0.6560	0.6477	0.6503
March	0.6592	0.6501	0.6538
April	0.6652	0.6563	0.6615
May	0.6661	0.6557	0.6608
June	0.6688	0.6580	0.6641
July	0.6732	0.6598	0.6678
August	0.6684	0.6606	0.6652
September	0.6685	0.6635	0.6652
October	0.6732	0.6649	0.6688
November	0.6742	0.6666	0.6701
December	0.6774	0.6687	0.6740

2023 BTN నుండి ETB చారిత్రక సమీక్ష