2018 ETB to MDL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to MDL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.6261. Conversely, the yearly low was recorded on April 12, dropping to 0.5941.
This high-to-low spread represents a total annual volatility of 0.0320 MDL. From a start-to-finish perspective, comparing the January average rate of 0.6174 to the December average rate of 0.6091, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.6261 was down 30.69% compared to the 2017 peak of 0.9034, 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 MDL 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 0.6072, compared to 0.6074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.0243 MDL (High: 0.6212 / Low: 0.5969). On the other end, September was the most stable month, with a tight range of 0.0075 MDL (High: 0.6101 / Low: 0.6026).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0111 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 0.6174) against the same month in 2017 (average: 0.8891), the exchange rate shifted by -0.2717 (-30.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.6261 | 0.6052 | 0.6174 |
| February | 0.6118 | 0.6022 | 0.6063 |
| March | 0.6081 | 0.5981 | 0.6025 |
| April | 0.6028 | 0.5941 | 0.5986 |
| May | 0.6174 | 0.5999 | 0.6061 |
| June | 0.6171 | 0.6080 | 0.6122 |
| July | 0.6135 | 0.5994 | 0.6061 |
| August | 0.6076 | 0.5957 | 0.6017 |
| September | 0.6101 | 0.6026 | 0.6061 |
| October | 0.6210 | 0.6045 | 0.6101 |
| November | 0.6152 | 0.6057 | 0.6111 |
| December | 0.6212 | 0.5969 | 0.6091 |