2019 ETB to DJF Historical Review

YEARLY HIGH

6.3346 DJF

YEARLY LOW

5.2199 DJF

YEARLY AVERAGE

6.0971 DJF

2019 ETB to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 6.3346. Conversely, the yearly low was recorded on January 22, dropping to 5.2199.

This high-to-low spread represents a total annual volatility of 1.1147 DJF. From a start-to-finish perspective, comparing the January average rate of 6.2431 to the December average rate of 5.6552, the exchange rate registered a net change of -9.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 6.3346 was down 3.36% compared to the 2018 peak of 6.5546, 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 31,673 DJF

2018 Average 32,138 DJF

Yearly Trough Low 26,100 DJF

Transaction Impact: A difference of 5,573.40 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6.3118

5.5955

JanuMarcMayJulySeptNove

ETB to DJF 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 6.2043, compared to 5.9900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2143 points.

H1 Avg (Jan–Jun) 6.2043

H2 Avg (Jul–Dec) 5.9900

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.1147 DJF (High: 6.3346 / Low: 5.2199). On the other end, March was the most stable month, with a tight range of 0.0733 DJF (High: 6.2815 / Low: 6.2082).

January Spread (Volatile) ±1.1147

March Spread (Stable) ±0.0733

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2960 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2960

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 6.2431) against the same month in 2018 (average: 6.5098), the exchange rate shifted by -0.2667 (-4.10%).

2019 Avg (January) 6.2431

2018 Avg (January) 6.5098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3346	5.2199	6.2431
February	6.3055	6.2238	6.2521
March	6.2815	6.2082	6.2370
April	6.2310	6.1549	6.1823
May	6.2111	6.1168	6.1629
June	6.2119	6.1126	6.1482
July	6.2337	6.1054	6.1460
August	6.1865	6.0295	6.1041
September	6.1164	6.0288	6.0593
October	6.0987	5.9757	6.0243
November	6.0502	5.8170	5.9512
December	5.8526	5.5693	5.6552