2019 ETB to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ETB to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ETB to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 64.4642. Conversely, the yearly low was recorded on December 31, dropping to 58.8732.
This high-to-low spread represents a total annual volatility of 5.5910 BIF. From a start-to-finish perspective, comparing the January average rate of 63.6460 to the December average rate of 59.6387, the exchange rate registered a net change of -6.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 64.4642 was down 1.48% compared to the 2018 peak of 65.4323, 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 2019.
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 63.6701, compared to 62.5058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1644 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 2.7268 BIF (High: 61.6000 / Low: 58.8732). On the other end, October was the most stable month, with a tight range of 0.7967 BIF (High: 63.4165 / Low: 62.6198).
Growth Streaks & Declines
TrendsBetween January and March, 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 November and December, when the average rate fell by 2.9468 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 63.6373) against the same month in 2018 (average: 64.2449), the exchange rate shifted by -0.6077 (-0.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 64.0466 | 62.9232 | 63.6460 |
| February | 64.2135 | 63.0129 | 63.7026 |
| March | 64.4572 | 63.1320 | 63.7700 |
| April | 64.1452 | 63.1569 | 63.6256 |
| May | 64.1276 | 63.2386 | 63.5982 |
| June | 64.2299 | 63.3661 | 63.6784 |
| July | 64.4642 | 63.0450 | 63.6373 |
| August | 63.7759 | 62.5588 | 63.2412 |
| September | 63.9289 | 62.6223 | 63.0586 |
| October | 63.4165 | 62.6198 | 62.8733 |
| November | 63.6509 | 61.1111 | 62.5854 |
| December | 61.6000 | 58.8732 | 59.6387 |