2018 ETB to GNF Historical Review

YEARLY HIGH

330.6622 GNF

YEARLY LOW

320.5268 GNF

YEARLY AVERAGE

327.1050 GNF

2018 ETB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 330.6622. Conversely, the yearly low was recorded on December 22, dropping to 320.5268.

This high-to-low spread represents a total annual volatility of 10.1354 GNF. From a start-to-finish perspective, comparing the January average rate of 328.1430 to the December average rate of 324.6833, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 330.6622 was down 21.54% compared to the 2017 peak of 421.4516, 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 1,653,311 GNF

2017 Average 1,914,295 GNF

Yearly Trough Low 1,602,634 GNF

Transaction Impact: A difference of 50,677.06 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

328.5945

324.3277

JanuMarcMayJulySeptNove

ETB to GNF 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 327.8155, compared to 326.3945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4210 points.

H1 Avg (Jan–Jun) 327.8155

H2 Avg (Jul–Dec) 326.3945

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 10.1354 GNF (High: 330.6622 / Low: 320.5268). On the other end, May was the most stable month, with a tight range of 1.2658 GNF (High: 328.1529 / Low: 326.8870).

December Spread (Volatile) ±10.1354

May Spread (Stable) ±1.2658

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.1931 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1931

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 324.6833) against the same month in 2017 (average: 329.6465), the exchange rate shifted by -4.9632 (-1.51%).

2018 Avg (December) 324.6833

2017 Avg (December) 329.6465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	330.2333	326.2643	328.1430
February	329.3630	326.3826	327.5252
March	329.1906	326.4418	327.5739
April	329.2173	326.5325	328.2390
May	328.1529	326.8870	327.6443
June	329.6270	327.2925	327.7678
July	330.1984	325.9780	328.2370
August	328.2561	322.6214	327.3404
September	329.2730	323.5566	326.9554
October	327.4657	322.9032	325.7623
November	327.5891	323.0113	325.3886
December	330.6622	320.5268	324.6833