2018 ETB to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 90.1796. Conversely, the yearly low was recorded on June 12, dropping to 78.5225.
This high-to-low spread represents a total annual volatility of 11.6570 MNT. From a start-to-finish perspective, comparing the January average rate of 88.2467 to the December average rate of 87.4003, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 90.1796 was down 19.29% compared to the 2017 peak of 111.7274, 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 MNT 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 87.2767, compared to 88.4305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1538 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 10.1824 MNT (High: 88.7050 / Low: 78.5225). On the other end, May was the most stable month, with a tight range of 0.5569 MNT (High: 87.5530 / Low: 86.9961).
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 November and December, when the average rate fell by 1.6202 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 89.1962) against the same month in 2017 (average: 95.2821), the exchange rate shifted by -6.0859 (-6.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.8575 | 87.6727 | 88.2467 |
| February | 88.0828 | 86.7182 | 87.2847 |
| March | 87.4159 | 86.7138 | 87.0007 |
| April | 87.3365 | 86.5887 | 86.9816 |
| May | 87.5530 | 86.9961 | 87.2415 |
| June | 88.7050 | 78.5225 | 86.9050 |
| July | 89.2329 | 87.8586 | 88.5373 |
| August | 88.8198 | 87.9902 | 88.3546 |
| September | 88.6902 | 87.3450 | 88.0742 |
| October | 90.1796 | 87.8233 | 89.1962 |
| November | 89.9138 | 88.4413 | 89.0206 |
| December | 89.4768 | 86.2478 | 87.4003 |