2023 YER to ETB Historical Review

YEARLY HIGH

0.2258 ETB

YEARLY LOW

0.2121 ETB

YEARLY AVERAGE

0.2187 ETB

2023 YER to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.2258. Conversely, the yearly low was recorded on March 18, dropping to 0.2121.

This high-to-low spread represents a total annual volatility of 0.0137 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2143 to the December average rate of 0.2244, the exchange rate registered a net change of 4.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2258 was up 5.24% compared to the 2022 peak of 0.2146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,129 ETB

2022 Average 1,038 ETB

Yearly Trough Low 1,060 ETB

Transaction Impact: A difference of 68.58 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2254

0.2132

JanuMarcMayJulySeptNove

YER 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 0.2159, compared to 0.2215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.2159

H2 Avg (Jul–Dec) 0.2215

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0039 ETB (High: 0.2244 / Low: 0.2205). On the other end, September was the most stable month, with a tight range of 0.0011 ETB (High: 0.2211 / Low: 0.2200).

November Spread (Volatile) ±0.0039

September Spread (Stable) ±0.0011

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: 0.2244) against the same month in 2022 (average: 0.2139), the exchange rate shifted by +0.0105 (+4.93%).

2023 Avg (December) 0.2244

2022 Avg (December) 0.2139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2149	0.2135	0.2143
February	0.2160	0.2135	0.2145
March	0.2154	0.2121	0.2147
April	0.2174	0.2141	0.2164
May	0.2185	0.2161	0.2172
June	0.2190	0.2168	0.2180
July	0.2201	0.2180	0.2190
August	0.2212	0.2185	0.2201
September	0.2211	0.2200	0.2206
October	0.2233	0.2210	0.2221
November	0.2244	0.2205	0.2227
December	0.2258	0.2225	0.2244