2019 ETB to AFN Historical Review

YEARLY HIGH

2.8371 AFN

YEARLY LOW

2.4369 AFN

YEARLY AVERAGE

2.6678 AFN

2019 ETB to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 2.8371. Conversely, the yearly low was recorded on December 30, dropping to 2.4369.

This high-to-low spread represents a total annual volatility of 0.4002 AFN. From a start-to-finish perspective, comparing the January average rate of 2.6619 to the December average rate of 2.4955, the exchange rate registered a net change of -6.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.8371 was up 2.97% compared to the 2018 peak of 2.7553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,185 AFN

2018 Average 13,082 AFN

Yearly Trough Low 12,185 AFN

Transaction Impact: A difference of 2,000.90 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.8011

2.4677

JanuMarcMayJulySeptNove

ETB to AFN 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 2.6869, compared to 2.6487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0382 points.

H1 Avg (Jan–Jun) 2.6869

H2 Avg (Jul–Dec) 2.6487

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1524 AFN (High: 2.5893 / Low: 2.4369). On the other end, September was the most stable month, with a tight range of 0.0388 AFN (High: 2.6908 / Low: 2.6520).

December Spread (Volatile) ±0.1524

September Spread (Stable) ±0.0388

Growth Streaks & Declines

Trends

Between February and July, 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 November and December, when the average rate fell by 0.1226 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 2.7733) against the same month in 2018 (average: 2.6431), the exchange rate shifted by +0.1302 (+4.93%).

2019 Avg (July) 2.7733

2018 Avg (July) 2.6431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6980	2.6436	2.6619
February	2.6616	2.6049	2.6307
March	2.6775	2.6046	2.6415
April	2.7153	2.6463	2.6834
May	2.7984	2.6724	2.7343
June	2.8207	2.7241	2.7697
July	2.8371	2.7468	2.7733
August	2.7665	2.6402	2.6930
September	2.6908	2.6520	2.6641
October	2.6725	2.6269	2.6482
November	2.6581	2.5623	2.6181
December	2.5893	2.4369	2.4955