YEARLY HIGH
1.5899 ETB
YEARLY LOW
1.5280 ETB
YEARLY AVERAGE
1.5538 ETB

2018 EGP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.5899. Conversely, the yearly low was recorded on July 25, dropping to 1.5280.

This high-to-low spread represents a total annual volatility of 0.0619 ETB. From a start-to-finish perspective, comparing the January average rate of 1.5508 to the December average rate of 1.5743, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5899 was up 2.20% compared to the 2017 peak of 1.5557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,950 ETB
2017 Average 6,728 ETB
Yearly Trough Low 7,640 ETB
Transaction Impact: A difference of 309.75 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5776
1.5382
JanuMarcMayJulySeptNove

EGP 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 1.5520, compared to 1.5557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 1.5520
H2 Avg (Jul–Dec) 1.5557

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0347 ETB (High: 1.5899 / Low: 1.5553). On the other end, June was the most stable month, with a tight range of 0.0120 ETB (High: 1.5480 / Low: 1.5360).

December Spread (Volatile) ±0.0347
June Spread (Stable) ±0.0120

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 0.0086 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.5743) against the same month in 2017 (average: 1.5359), the exchange rate shifted by +0.0385 (+2.50%).

2018 Avg (December) 1.5743
2017 Avg (December) 1.5359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5597 1.5400 1.5508
February 1.5625 1.5492 1.5563
March 1.5688 1.5546 1.5601
April 1.5650 1.5461 1.5552
May 1.5627 1.5347 1.5467
June 1.5480 1.5360 1.5428
July 1.5515 1.5280 1.5415
August 1.5557 1.5399 1.5464
September 1.5663 1.5369 1.5503
October 1.5720 1.5396 1.5571
November 1.5731 1.5549 1.5645
December 1.5899 1.5553 1.5743