2018 ETB to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 60.6385. Conversely, the yearly low was recorded on December 4, dropping to 57.0113.
This high-to-low spread represents a total annual volatility of 3.6272 CDF. From a start-to-finish perspective, comparing the January average rate of 58.3287 to the December average rate of 57.6542, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 60.6385 was down 13.99% compared to the 2017 peak of 70.5030, 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 CDF 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 58.6231, compared to 58.4382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1850 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 3.6269 CDF (High: 60.6385 / Low: 57.0116). On the other end, May was the most stable month, with a tight range of 0.1906 CDF (High: 58.7713 / Low: 58.5807).
Growth Streaks & Declines
TrendsBetween June and September, 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 September and October, when the average rate fell by 0.5835 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 58.7718) against the same month in 2017 (average: 66.9311), the exchange rate shifted by -8.1593 (-12.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.9172 | 57.1193 | 58.3287 |
| February | 59.3197 | 58.0552 | 58.5678 |
| March | 59.0807 | 58.3503 | 58.8069 |
| April | 58.9805 | 58.5871 | 58.7635 |
| May | 58.7713 | 58.5807 | 58.6790 |
| June | 58.9043 | 58.4947 | 58.5928 |
| July | 60.6385 | 57.0116 | 58.7718 |
| August | 59.4435 | 58.2237 | 58.8506 |
| September | 59.6809 | 58.1395 | 58.9810 |
| October | 59.3120 | 57.3310 | 58.3976 |
| November | 58.8660 | 57.1936 | 57.9737 |
| December | 58.4653 | 57.0113 | 57.6542 |