YEARLY HIGH
0.1436 BRL
YEARLY LOW
0.1258 BRL
YEARLY AVERAGE
0.1351 BRL

2019 ETB to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 0.1436. Conversely, the yearly low was recorded on December 31, dropping to 0.1258.

This high-to-low spread represents a total annual volatility of 0.0178 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1319 to the December average rate of 0.1306, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1436 was down 5.33% compared to the 2018 peak of 0.1517, 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 718 BRL
2018 Average 660 BRL
Yearly Trough Low 629 BRL
Transaction Impact: A difference of 89.15 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1412
0.1295
JanuMarcMayJulySeptNove

ETB to BRL 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 0.1341, compared to 0.1360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1341
H2 Avg (Jul–Dec) 0.1360

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0127 BRL (High: 0.1385 / Low: 0.1258). On the other end, February was the most stable month, with a tight range of 0.0039 BRL (High: 0.1323 / Low: 0.1284).

December Spread (Volatile) ±0.0127
February Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0084 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.1402) against the same month in 2018 (average: 0.1478), the exchange rate shifted by -0.0076 (-5.12%).

2019 Avg (September) 0.1402
2018 Avg (September) 0.1478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1381 0.1294 0.1319
February 0.1323 0.1284 0.1306
March 0.1393 0.1320 0.1347
April 0.1385 0.1325 0.1354
May 0.1421 0.1349 0.1384
June 0.1364 0.1320 0.1334
July 0.1331 0.1282 0.1304
August 0.1434 0.1321 0.1379
September 0.1436 0.1379 0.1402
October 0.1424 0.1344 0.1381
November 0.1426 0.1349 0.1389
December 0.1385 0.1258 0.1306