2018 ETB to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 65.4323. Conversely, the yearly low was recorded on October 6, dropping to 63.3691.
This high-to-low spread represents a total annual volatility of 2.0632 BIF. From a start-to-finish perspective, comparing the January average rate of 64.2247 to the December average rate of 64.1045, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 65.4323 was down 13.68% compared to the 2017 peak of 75.8031, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ETB to BIF 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 64.3068, compared to 64.1937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1131 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 1.8823 BIF (High: 65.4323 / Low: 63.5501). On the other end, August was the most stable month, with a tight range of 0.4400 BIF (High: 64.4765 / Low: 64.0366).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1980 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 64.1045) against the same month in 2017 (average: 64.2856), the exchange rate shifted by -0.1811 (-0.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.6916 | 63.9220 | 64.2247 |
| February | 64.4646 | 63.8567 | 64.1767 |
| March | 64.6226 | 63.7600 | 64.2340 |
| April | 64.9632 | 63.9955 | 64.4760 |
| May | 65.0909 | 63.8785 | 64.3817 |
| June | 64.8276 | 63.9191 | 64.3477 |
| July | 64.7091 | 63.8162 | 64.2449 |
| August | 64.4765 | 64.0366 | 64.2368 |
| September | 64.4530 | 63.5879 | 64.0388 |
| October | 64.7699 | 63.3691 | 64.2545 |
| November | 64.8744 | 63.8273 | 64.2825 |
| December | 65.4323 | 63.5501 | 64.1045 |