2018 CAD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 CAD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the CAD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 22.4808. Conversely, the yearly low was recorded on December 25, dropping to 20.6682.
This high-to-low spread represents a total annual volatility of 1.8126 ETB. From a start-to-finish perspective, comparing the January average rate of 22.0843 to the December average rate of 20.9657, the exchange rate registered a net change of -5.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 22.4808 was up 3.14% compared to the 2017 peak of 21.7973, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
CAD 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 21.5292, compared to 21.1768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3525 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was February, with a trading range of 1.0014 ETB (High: 22.4808 / Low: 21.4794). On the other end, July was the most stable month, with a tight range of 0.3337 ETB (High: 21.1517 / Low: 20.8180).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5981 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 21.8696) against the same month in 2017 (average: 17.3008), the exchange rate shifted by +4.5687 (+26.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.3746 | 21.7905 | 22.0843 |
| February | 22.4808 | 21.4794 | 21.8696 |
| March | 21.5136 | 20.9646 | 21.2715 |
| April | 21.8916 | 21.2494 | 21.5677 |
| May | 21.5509 | 21.1353 | 21.3775 |
| June | 21.3314 | 20.6712 | 21.0049 |
| July | 21.1517 | 20.8180 | 20.9991 |
| August | 21.4207 | 20.9475 | 21.1886 |
| September | 21.6305 | 20.9048 | 21.2852 |
| October | 21.7019 | 21.0593 | 21.4046 |
| November | 21.4245 | 21.0663 | 21.2175 |
| December | 21.3067 | 20.6682 | 20.9657 |