2019 ETB to GNF Historical Review

YEARLY HIGH

325.5759 GNF

YEARLY LOW

296.3836 GNF

YEARLY AVERAGE

316.1780 GNF

2019 ETB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 325.5759. Conversely, the yearly low was recorded on December 21, dropping to 296.3836.

This high-to-low spread represents a total annual volatility of 29.1923 GNF. From a start-to-finish perspective, comparing the January average rate of 323.0338 to the December average rate of 301.1367, the exchange rate registered a net change of -6.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 325.5759 was down 1.54% compared to the 2018 peak of 330.6622, 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 1,627,880 GNF

2018 Average 1,635,509 GNF

Yearly Trough Low 1,481,918 GNF

Transaction Impact: A difference of 145,961.30 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

325.2235

298.9470

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 320.1378, compared to 312.2182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.9195 points.

H1 Avg (Jan–Jun) 320.1378

H2 Avg (Jul–Dec) 312.2182

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 18.1673 GNF (High: 321.9643 / Low: 303.7969). On the other end, September was the most stable month, with a tight range of 4.2800 GNF (High: 316.8964 / Low: 312.6164).

November Spread (Volatile) ±18.1673

September Spread (Stable) ±4.2800

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 11.3342 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -11.3342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 323.0338) against the same month in 2018 (average: 328.1430), the exchange rate shifted by -5.1092 (-1.56%).

2019 Avg (January) 323.0338

2018 Avg (January) 328.1430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	325.5759	320.5596	323.0338
February	324.4085	319.5122	322.1962
March	324.0412	318.3269	321.7085
April	320.9174	315.1020	318.6757
May	320.9851	316.1458	318.0000
June	320.7622	314.1662	317.2122
July	321.9684	314.4859	317.8285
August	319.3263	311.0302	315.3478
September	316.8964	312.6164	313.7701
October	316.8907	309.8615	312.7554
November	321.9643	303.7969	312.4710
December	310.3834	296.3836	301.1367