2018 ETB to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 3.7840. Conversely, the yearly low was recorded on December 20, dropping to 3.5774.
This high-to-low spread represents a total annual volatility of 0.2066 KES. From a start-to-finish perspective, comparing the January average rate of 3.7474 to the December average rate of 3.6244, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 3.7840 was down 18.77% compared to the 2017 peak of 4.6587, 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 2018.
ETB to KES 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 3.6829, compared to 3.6391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0438 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.1008 KES (High: 3.6782 / Low: 3.5774). On the other end, June was the most stable month, with a tight range of 0.0273 KES (High: 3.6777 / Low: 3.6504).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0600 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 3.7474) against the same month in 2017 (average: 4.5977), the exchange rate shifted by -0.8503 (-18.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.7840 | 3.7121 | 3.7474 |
| February | 3.7187 | 3.6556 | 3.6874 |
| March | 3.6930 | 3.6556 | 3.6786 |
| April | 3.6948 | 3.6297 | 3.6611 |
| May | 3.6891 | 3.6397 | 3.6574 |
| June | 3.6777 | 3.6504 | 3.6655 |
| July | 3.6789 | 3.6139 | 3.6507 |
| August | 3.6642 | 3.6220 | 3.6426 |
| September | 3.6659 | 3.6114 | 3.6369 |
| October | 3.6725 | 3.6040 | 3.6259 |
| November | 3.6972 | 3.6051 | 3.6543 |
| December | 3.6782 | 3.5774 | 3.6244 |