YEARLY HIGH
1597.6035 IRR
YEARLY LOW
1298.6558 IRR
YEARLY AVERAGE
1469.7221 IRR

2018 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 1597.6035. Conversely, the yearly low was recorded on January 6, dropping to 1298.6558.

This high-to-low spread represents a total annual volatility of 298.9477 IRR. From a start-to-finish perspective, comparing the January average rate of 1312.9606 to the December average rate of 1498.6128, the exchange rate registered a net change of 14.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1597.6035 was up 10.48% compared to the 2017 peak of 1446.0218, 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 7,988,017 IRR
2017 Average 6,916,006 IRR
Yearly Trough Low 6,493,279 IRR
Transaction Impact: A difference of 1,494,738.49 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1595.4235
1287.2822
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1400.1712, compared to 1539.2730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 139.1018 points.

H1 Avg (Jan–Jun) 1400.1712
H2 Avg (Jul–Dec) 1539.2730

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 172.0953 IRR (High: 1530.9094 / Low: 1358.8141). On the other end, April was the most stable month, with a tight range of 16.8377 IRR (High: 1375.8017 / Low: 1358.9640).

May Spread (Volatile) ±172.0953
April Spread (Stable) ±16.8377

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 31.5807 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -31.5807

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 1569.7451) against the same month in 2017 (average: 1403.6340), the exchange rate shifted by +166.1110 (+11.83%).

2018 Avg (July) 1569.7451
2017 Avg (July) 1403.6340

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1345.6654 1298.6558 1312.9606
February 1359.2909 1340.9253 1347.7117
March 1371.7178 1353.5009 1363.6000
April 1375.8017 1358.9640 1365.0189
May 1530.9094 1358.8141 1474.6579
June 1546.1289 1527.1779 1537.0781
July 1597.6035 1547.2771 1569.7451
August 1590.7076 1555.1707 1567.4602
September 1567.8247 1543.7662 1556.7687
October 1552.2192 1512.3169 1525.1880
November 1534.2582 1509.6813 1517.8631
December 1515.1973 1479.9649 1498.6128