2019 ETB to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ETB to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ETB to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 58.5128. Conversely, the yearly low was recorded on December 16, dropping to 52.7044.
This high-to-low spread represents a total annual volatility of 5.8084 CDF. From a start-to-finish perspective, comparing the January average rate of 57.6455 to the December average rate of 53.3126, the exchange rate registered a net change of -7.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 58.5128 was down 3.51% compared to the 2018 peak of 60.6385, 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 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 57.2473, compared to 55.9930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2543 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 2.3690 CDF (High: 55.0734 / Low: 52.7044). On the other end, September was the most stable month, with a tight range of 0.8035 CDF (High: 57.2303 / Low: 56.4268).
Growth Streaks & Declines
TrendsBetween April and July, 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 2.3006 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 57.6455) against the same month in 2018 (average: 58.3287), the exchange rate shifted by -0.6832 (-1.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 58.5128 | 57.0426 | 57.6455 |
| February | 57.9996 | 56.9930 | 57.5279 |
| March | 57.7586 | 56.8340 | 57.3404 |
| April | 57.4076 | 56.4879 | 56.9131 |
| May | 57.4513 | 56.3696 | 56.9247 |
| June | 57.7536 | 56.6262 | 57.1321 |
| July | 58.0592 | 56.6242 | 57.3072 |
| August | 57.5755 | 56.2140 | 56.8191 |
| September | 57.2303 | 56.4268 | 56.6416 |
| October | 56.7732 | 55.8959 | 56.2641 |
| November | 56.5103 | 54.3902 | 55.6132 |
| December | 55.0734 | 52.7044 | 53.3126 |