2019 AFN to ETB Historical Review

YEARLY HIGH

0.4104 ETB

YEARLY LOW

0.3525 ETB

YEARLY AVERAGE

0.3751 ETB

2019 AFN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4104. Conversely, the yearly low was recorded on July 9, dropping to 0.3525.

This high-to-low spread represents a total annual volatility of 0.0579 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3757 to the December average rate of 0.4008, the exchange rate registered a net change of 6.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4104 was down 5.55% compared to the 2018 peak of 0.4345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,052 ETB

2018 Average 1,913 ETB

Yearly Trough Low 1,762 ETB

Transaction Impact: A difference of 289.41 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4049

0.3566

JanuMarcMayJulySeptNove

AFN 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 0.3723, compared to 0.3780 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) 0.3723

H2 Avg (Jul–Dec) 0.3780

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0241 ETB (High: 0.4104 / Low: 0.3862). On the other end, September was the most stable month, with a tight range of 0.0054 ETB (High: 0.3771 / Low: 0.3716).

December Spread (Volatile) ±0.0241

September Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0069 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.4008) against the same month in 2018 (average: 0.3730), the exchange rate shifted by +0.0278 (+7.45%).

2019 Avg (December) 0.4008

2018 Avg (December) 0.3730

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3783	0.3706	0.3757
February	0.3839	0.3757	0.3801
March	0.3839	0.3735	0.3786
April	0.3779	0.3683	0.3727
May	0.3742	0.3574	0.3658
June	0.3671	0.3545	0.3611
July	0.3641	0.3525	0.3606
August	0.3788	0.3615	0.3714
September	0.3771	0.3716	0.3754
October	0.3807	0.3742	0.3776
November	0.3903	0.3762	0.3820
December	0.4104	0.3862	0.4008