2018 AZN to ETB Historical Review

YEARLY HIGH

16.7107 ETB

YEARLY LOW

16.0623 ETB

YEARLY AVERAGE

16.2764 ETB

2018 AZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 16.7107. Conversely, the yearly low was recorded on July 25, dropping to 16.0623.

This high-to-low spread represents a total annual volatility of 0.6484 ETB. From a start-to-finish perspective, comparing the January average rate of 16.2202 to the December average rate of 16.5621, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 16.7107 was up 2.58% compared to the 2017 peak of 16.2904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,554 ETB

2017 Average 69,798 ETB

Yearly Trough Low 80,311 ETB

Transaction Impact: A difference of 3,242.13 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

16.6039

16.1030

JanuMarcMayJulySeptNove

AZN 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 16.2030, compared to 16.3498 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1468 points.

H1 Avg (Jan–Jun) 16.2030

H2 Avg (Jul–Dec) 16.3498

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.3505 ETB (High: 16.7107 / Low: 16.3602). On the other end, May was the most stable month, with a tight range of 0.0493 ETB (High: 16.1897 / Low: 16.1404).

December Spread (Volatile) ±0.3505

May Spread (Stable) ±0.0493

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0742 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 16.5621) against the same month in 2017 (average: 16.1200), the exchange rate shifted by +0.4422 (+2.74%).

2018 Avg (December) 16.5621

2017 Avg (December) 16.1200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.3225	16.0951	16.2202
February	16.3335	16.1649	16.2807
March	16.3337	16.0882	16.2189
April	16.2147	16.0703	16.1447
May	16.1897	16.1404	16.1635
June	16.2569	16.1042	16.1902
July	16.3113	16.0623	16.1942
August	16.3025	16.1502	16.2348
September	16.4229	16.1738	16.2872
October	16.5051	16.2012	16.3756
November	16.5345	16.2684	16.4448
December	16.7107	16.3602	16.5621