YEARLY HIGH
0.4753 ETB
YEARLY LOW
0.4497 ETB
YEARLY AVERAGE
0.4614 ETB

2023 VUV to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4753. Conversely, the yearly low was recorded on March 18, dropping to 0.4497.

This high-to-low spread represents a total annual volatility of 0.0255 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4544 to the December average rate of 0.4730, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4753 was up 3.04% compared to the 2022 peak of 0.4612, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,376 ETB
2022 Average 2,223 ETB
Yearly Trough Low 2,249 ETB
Transaction Impact: A difference of 127.69 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4749
0.4525
JanuMarcMayJulySeptNove

VUV 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 0.4559, compared to 0.4668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.4559
H2 Avg (Jul–Dec) 0.4668

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0083 ETB (High: 0.4732 / Low: 0.4649). On the other end, September was the most stable month, with a tight range of 0.0023 ETB (High: 0.4661 / Low: 0.4639).

November Spread (Volatile) ±0.0083
September Spread (Stable) ±0.0023

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: 0.4730) against the same month in 2022 (average: 0.4530), the exchange rate shifted by +0.0200 (+4.41%).

2023 Avg (December) 0.4730
2022 Avg (December) 0.4530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4558 0.4528 0.4544
February 0.4578 0.4528 0.4550
March 0.4567 0.4497 0.4552
April 0.4575 0.4504 0.4553
May 0.4597 0.4547 0.4570
June 0.4609 0.4561 0.4587
July 0.4631 0.4589 0.4609
August 0.4663 0.4608 0.4640
September 0.4661 0.4639 0.4651
October 0.4709 0.4660 0.4684
November 0.4732 0.4649 0.4696
December 0.4753 0.4692 0.4730