2018 BND to ETB Historical Review

YEARLY HIGH

21.0792 ETB

YEARLY LOW

17.6738 ETB

YEARLY AVERAGE

19.7265 ETB

2018 BND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 21.0792. Conversely, the yearly low was recorded on December 18, dropping to 17.6738.

This high-to-low spread represents a total annual volatility of 3.4054 ETB. From a start-to-finish perspective, comparing the January average rate of 20.7712 to the December average rate of 17.9745, the exchange rate registered a net change of -13.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.0792 was up 2.75% compared to the 2017 peak of 20.5141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,396 ETB

2017 Average 86,930 ETB

Yearly Trough Low 88,369 ETB

Transaction Impact: A difference of 17,027.17 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.1984

17.6814

JanuMarcMayJulySeptNove

BND 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 20.5010, compared to 18.9519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5490 points.

H1 Avg (Jan–Jun) 20.5010

H2 Avg (Jul–Dec) 18.9519

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 2.7661 ETB (High: 20.4399 / Low: 17.6738). On the other end, March was the most stable month, with a tight range of 0.3177 ETB (High: 21.0240 / Low: 20.7062).

December Spread (Volatile) ±2.7661

March Spread (Stable) ±0.3177

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.3492 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 20.7712) against the same month in 2017 (average: 15.7867), the exchange rate shifted by +4.9845 (+31.57%).

2018 Avg (January) 20.7712

2017 Avg (January) 15.7867

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.0792	20.4652	20.7712
February	21.0369	20.6249	20.8358
March	21.0240	20.7062	20.9053
April	21.0186	20.5711	20.8715
May	20.7971	18.8696	20.3706
June	20.7503	18.2277	19.2515
July	20.5352	18.1005	19.4786
August	20.1987	18.1989	18.3582
September	20.3322	18.2245	18.7803
October	20.0353	19.6007	19.7964
November	20.3462	17.8353	19.3237
December	20.4399	17.6738	17.9745