2019 ETB to IRR Historical Review

YEARLY HIGH

1525.6522 IRR

YEARLY LOW

1317.3930 IRR

YEARLY AVERAGE

1444.4498 IRR

2019 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1525.6522. Conversely, the yearly low was recorded on December 31, dropping to 1317.3930.

This high-to-low spread represents a total annual volatility of 208.2592 IRR. From a start-to-finish perspective, comparing the January average rate of 1491.8809 to the December average rate of 1337.6197, the exchange rate registered a net change of -10.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1525.6522 was down 4.50% compared to the 2018 peak of 1597.6035, 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 7,628,261 IRR

2018 Average 7,352,284 IRR

Yearly Trough Low 6,586,965 IRR

Transaction Impact: A difference of 1,041,295.98 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1507.3071

1322.1936

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 1472.1011, compared to 1416.7985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.3026 points.

H1 Avg (Jan–Jun) 1472.1011

H2 Avg (Jul–Dec) 1416.7985

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 67.0038 IRR (High: 1384.3968 / Low: 1317.3930). On the other end, March was the most stable month, with a tight range of 24.8605 IRR (High: 1492.9568 / Low: 1468.0962).

December Spread (Volatile) ±67.0038

March Spread (Stable) ±24.8605

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 69.9532 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -69.9532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1491.8809) against the same month in 2018 (average: 1312.9606), the exchange rate shifted by +178.9203 (+13.63%).

2019 Avg (January) 1491.8809

2018 Avg (January) 1312.9606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1525.6522	1475.8149	1491.8809
February	1497.7614	1472.2028	1479.2599
March	1492.9568	1468.0962	1477.5530
April	1488.0110	1455.9129	1465.9097
May	1490.6364	1446.9072	1459.7191
June	1476.2742	1445.9135	1458.2840
July	1474.1338	1443.8043	1453.5746
August	1463.1699	1425.8381	1443.6836
September	1453.3469	1426.0796	1433.4933
October	1442.2211	1413.5124	1424.8469
November	1430.7346	1375.9804	1407.5730
December	1384.3968	1317.3930	1337.6197