2013 ETB to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 ETB to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 1325.2005. Conversely, the yearly low was recorded on August 1, dropping to 650.2473.
This high-to-low spread represents a total annual volatility of 674.9531 IRR. From a start-to-finish perspective, comparing the January average rate of 670.6002 to the December average rate of 1296.7494, the exchange rate registered a net change of 93.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 1325.2005 was up 89.07% compared to the 2012 peak of 700.9022, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
ETB to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 663.7460, compared to 1196.2029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 532.4569 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was August, with a trading range of 674.9531 IRR (High: 1325.2005 / Low: 650.2473). On the other end, January was the most stable month, with a tight range of 2.4038 IRR (High: 671.8502 / Low: 669.4464).
Growth Streaks & Declines
TrendsBetween July and September, 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 November and December, when the average rate fell by 10.8171 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2013: 1295.8934) against the same month in 2012 (average: 683.5168), the exchange rate shifted by +612.3767 (+89.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 671.8502 | 669.4464 | 670.6002 |
| February | 669.3318 | 666.6817 | 667.9719 |
| March | 674.0287 | 663.7711 | 665.6606 |
| April | 664.4170 | 660.6936 | 662.2791 |
| May | 660.9073 | 657.6645 | 659.3538 |
| June | 658.5389 | 654.7472 | 656.6105 |
| July | 656.8208 | 650.5653 | 653.5636 |
| August | 1325.2005 | 650.2473 | 1295.8934 |
| September | 1317.8234 | 1309.0924 | 1313.8350 |
| October | 1316.0469 | 1307.5501 | 1309.6095 |
| November | 1316.1685 | 1299.1195 | 1307.5665 |
| December | 1301.1602 | 1286.5388 | 1296.7494 |