2018 ETB to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 32.9659. Conversely, the yearly low was recorded on December 29, dropping to 31.6344.
This high-to-low spread represents a total annual volatility of 1.3314 KPW. From a start-to-finish perspective, comparing the January average rate of 32.7848 to the December average rate of 31.9188, the exchange rate registered a net change of -2.64% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 32.9659 was down 18.38% compared to the 2017 peak of 40.3890, 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 KPW 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 32.7254, compared to 32.3351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3903 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.6778 KPW (High: 32.3123 / Low: 31.6344). On the other end, May was the most stable month, with a tight range of 0.0998 KPW (High: 32.7522 / Low: 32.6524).
Growth Streaks & Declines
TrendsBetween February and April, 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 0.2276 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 32.7848) against the same month in 2017 (average: 39.8885), the exchange rate shifted by -7.1037 (-17.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.9659 | 32.6264 | 32.7848 |
| February | 32.8803 | 32.6383 | 32.7255 |
| March | 32.8586 | 32.6442 | 32.7287 |
| April | 32.8951 | 32.6442 | 32.7507 |
| May | 32.7522 | 32.6524 | 32.7054 |
| June | 32.8259 | 32.5884 | 32.6571 |
| July | 32.9115 | 32.4091 | 32.6437 |
| August | 32.7323 | 32.4266 | 32.5619 |
| September | 32.6846 | 32.1888 | 32.4576 |
| October | 32.6293 | 32.0285 | 32.2824 |
| November | 32.4946 | 31.9716 | 32.1464 |
| December | 32.3123 | 31.6344 | 31.9188 |