YEARLY HIGH
1.7949 GMD
YEARLY LOW
1.7076 GMD
YEARLY AVERAGE
1.7379 GMD

2018 ETB to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 1.7949. Conversely, the yearly low was recorded on June 3, dropping to 1.7076.

This high-to-low spread represents a total annual volatility of 0.0873 GMD. From a start-to-finish perspective, comparing the January average rate of 1.7485 to the December average rate of 1.7544, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.7949 was down 11.02% compared to the 2017 peak of 2.0173, 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 8,975 GMD
2017 Average 9,593 GMD
Yearly Trough Low 8,538 GMD
Transaction Impact: A difference of 436.40 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7811
1.7062
JanuMarcMayJulySeptNove

ETB to GMD 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 1.7225, compared to 1.7534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0308 points.

H1 Avg (Jan–Jun) 1.7225
H2 Avg (Jul–Dec) 1.7534

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0492 GMD (High: 1.7766 / Low: 1.7274). On the other end, May was the most stable month, with a tight range of 0.0049 GMD (High: 1.7166 / Low: 1.7117).

January Spread (Volatile) ±0.0492
May Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0272 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 1.7749) against the same month in 2017 (average: 1.8266), the exchange rate shifted by -0.0517 (-2.83%).

2018 Avg (October) 1.7749
2017 Avg (October) 1.8266

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7766 1.7274 1.7485
February 1.7428 1.7114 1.7213
March 1.7377 1.7120 1.7205
April 1.7294 1.7114 1.7185
May 1.7166 1.7117 1.7140
June 1.7223 1.7076 1.7124
July 1.7566 1.7111 1.7302
August 1.7470 1.7332 1.7404
September 1.7779 1.7306 1.7505
October 1.7949 1.7617 1.7749
November 1.7910 1.7597 1.7698
December 1.7790 1.7341 1.7544