YEARLY HIGH
552.3098 IDR
YEARLY LOW
484.2962 IDR
YEARLY AVERAGE
511.8553 IDR

2018 ETB to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 552.3098. Conversely, the yearly low was recorded on January 29, dropping to 484.2962.

This high-to-low spread represents a total annual volatility of 68.0137 IDR. From a start-to-finish perspective, comparing the January average rate of 488.5273 to the December average rate of 514.8749, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 552.3098 was down 8.15% compared to the 2017 peak of 601.2898, 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 2,761,549 IDR
2017 Average 2,804,200 IDR
Yearly Trough Low 2,421,481 IDR
Transaction Impact: A difference of 340,068.41 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

550.4482
482.8981
JanuMarcMayJulySeptNove

ETB to IDR 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 500.4355, compared to 523.2750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.8395 points.

H1 Avg (Jan–Jun) 500.4355
H2 Avg (Jul–Dec) 523.2750

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 31.5391 IDR (High: 541.3582 / Low: 509.8191). On the other end, March was the most stable month, with a tight range of 4.9513 IDR (High: 503.1490 / Low: 498.1976).

November Spread (Volatile) ±31.5391
March Spread (Stable) ±4.9513

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 20.8518 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -20.8518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 544.8191) against the same month in 2017 (average: 524.8666), the exchange rate shifted by +19.9524 (+3.80%).

2018 Avg (October) 544.8191
2017 Avg (October) 524.8666

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 495.7094 484.2962 488.5273
February 498.3576 486.6290 493.8777
March 503.1490 498.1976 500.4052
April 505.4944 499.2798 502.2645
May 515.6810 505.0415 510.0940
June 516.1045 501.9647 507.4443
July 523.1433 514.5795 517.8030
August 521.4945 515.7164 518.5989
September 522.9039 515.1624 519.5869
October 552.3098 524.4165 544.8191
November 541.3582 509.8191 523.9673
December 521.3267 507.3590 514.8749