2018 BRL to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BRL to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BRL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 8.7586. Conversely, the yearly low was recorded on September 13, dropping to 6.5920.
This high-to-low spread represents a total annual volatility of 2.1666 ETB. From a start-to-finish perspective, comparing the January average rate of 8.5584 to the December average rate of 7.2478, the exchange rate registered a net change of -15.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 8.7586 was up 1.68% compared to the 2017 peak of 8.6139, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BRL to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.0599, compared to 7.1880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8719 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.8127 ETB (High: 7.4717 / Low: 6.6590). On the other end, December was the most stable month, with a tight range of 0.2543 ETB (High: 7.3733 / Low: 7.1190).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4857 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 8.5584) against the same month in 2017 (average: 7.0592), the exchange rate shifted by +1.4992 (+21.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.7586 | 8.2601 | 8.5584 |
| February | 8.7028 | 8.3256 | 8.4689 |
| March | 8.5611 | 8.2464 | 8.3864 |
| April | 8.3256 | 7.8491 | 8.0665 |
| May | 7.8581 | 7.3524 | 7.5808 |
| June | 7.4281 | 7.0652 | 7.2985 |
| July | 7.4151 | 7.0079 | 7.2209 |
| August | 7.4717 | 6.6590 | 7.0579 |
| September | 6.9352 | 6.5920 | 6.7675 |
| October | 7.7145 | 6.9211 | 7.4208 |
| November | 7.6072 | 7.1425 | 7.4132 |
| December | 7.3733 | 7.1190 | 7.2478 |