2018 ETB to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 22.3987. Conversely, the yearly low was recorded on July 18, dropping to 20.4205.
This high-to-low spread represents a total annual volatility of 1.9782 CRC. From a start-to-finish perspective, comparing the January average rate of 20.6614 to the December average rate of 21.2276, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 22.3987 was down 12.85% compared to the 2017 peak of 25.7002, 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 CRC 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 20.6416, compared to 21.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3974 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 1.1078 CRC (High: 22.3987 / Low: 21.2910). On the other end, May was the most stable month, with a tight range of 0.0813 CRC (High: 20.6071 / Low: 20.5258).
Growth Streaks & Declines
TrendsBetween August and November, 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 0.5681 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 21.7957) against the same month in 2017 (average: 20.8053), the exchange rate shifted by +0.9904 (+4.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.8253 | 20.4232 | 20.6614 |
| February | 20.9412 | 20.5889 | 20.7696 |
| March | 20.7709 | 20.5645 | 20.6749 |
| April | 20.6965 | 20.5159 | 20.6024 |
| May | 20.6071 | 20.5258 | 20.5660 |
| June | 20.6289 | 20.5198 | 20.5750 |
| July | 20.7488 | 20.4205 | 20.5735 |
| August | 20.6968 | 20.4418 | 20.5389 |
| September | 21.2422 | 20.6968 | 20.8872 |
| October | 21.6854 | 20.8234 | 21.2111 |
| November | 22.3987 | 21.2910 | 21.7957 |
| December | 21.4261 | 21.0199 | 21.2276 |