YEARLY HIGH
1.9932 ETB
YEARLY LOW
1.5684 ETB
YEARLY AVERAGE
1.7399 ETB

2019 EGP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EGP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.9932. Conversely, the yearly low was recorded on January 1, dropping to 1.5684.

This high-to-low spread represents a total annual volatility of 0.4248 ETB. From a start-to-finish perspective, comparing the January average rate of 1.5865 to the December average rate of 1.9575, the exchange rate registered a net change of 23.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.9932 was up 25.37% compared to the 2018 peak of 1.5899, 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 9,966 ETB
2018 Average 7,769 ETB
Yearly Trough Low 7,842 ETB
Transaction Impact: A difference of 2,124.21 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.9946
1.5494
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 1.6579, compared to 1.8219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1639 points.

H1 Avg (Jan–Jun) 1.6579
H2 Avg (Jul–Dec) 1.8219

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1092 ETB (High: 1.9932 / Low: 1.8840). On the other end, June was the most stable month, with a tight range of 0.0301 ETB (High: 1.7458 / Low: 1.7157).

December Spread (Volatile) ±0.1092
June Spread (Stable) ±0.0301

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 1.9575) against the same month in 2018 (average: 1.5743), the exchange rate shifted by +0.3832 (+24.34%).

2019 Avg (December) 1.9575
2018 Avg (December) 1.5743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6162 1.5684 1.5865
February 1.6309 1.5971 1.6205
March 1.6584 1.6178 1.6428
April 1.6868 1.6553 1.6691
May 1.7419 1.6740 1.6974
June 1.7458 1.7157 1.7313
July 1.7544 1.7195 1.7442
August 1.7890 1.7362 1.7611
September 1.8110 1.7603 1.7931
October 1.8460 1.7938 1.8201
November 1.8981 1.8247 1.8552
December 1.9932 1.8840 1.9575