2018 ETB to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 309.7699. Conversely, the yearly low was recorded on January 13, dropping to 299.6139.
This high-to-low spread represents a total annual volatility of 10.1560 LAK. From a start-to-finish perspective, comparing the January average rate of 302.7680 to the December average rate of 303.1182, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 309.7699 was down 15.15% compared to the 2017 peak of 365.0621, 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 LAK 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 302.7884, compared to 305.6938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9054 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 6.6150 LAK (High: 306.9665 / Low: 300.3515). On the other end, March was the most stable month, with a tight range of 1.5873 LAK (High: 302.7484 / Low: 301.1611).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9830 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 307.2449) against the same month in 2017 (average: 353.1172), the exchange rate shifted by -45.8723 (-12.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 305.5284 | 299.6139 | 302.7680 |
| February | 303.4460 | 300.9973 | 301.7434 |
| March | 302.7484 | 301.1611 | 301.8965 |
| April | 303.3197 | 300.8657 | 302.3670 |
| May | 304.6165 | 302.1298 | 303.2742 |
| June | 306.1788 | 303.8272 | 304.6813 |
| July | 308.1549 | 302.5991 | 305.6347 |
| August | 309.0156 | 304.5168 | 307.1705 |
| September | 309.7699 | 304.4365 | 307.2449 |
| October | 308.4367 | 303.5625 | 305.8932 |
| November | 306.4625 | 303.5524 | 305.1012 |
| December | 306.9665 | 300.3515 | 303.1182 |