2018 ETB to MRO Historical Review

YEARLY HIGH

13.0431 MRO

YEARLY LOW

7.4871 MRO

YEARLY AVERAGE

12.8439 MRO

2018 ETB to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 13.0431. Conversely, the yearly low was recorded on October 8, dropping to 7.4871.

This high-to-low spread represents a total annual volatility of 5.5560 MRO. From a start-to-finish perspective, comparing the January average rate of 12.9275 to the December average rate of 12.6611, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.0431 was down 18.94% compared to the 2017 peak of 16.0902, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ETB based on timing:

Yearly Peak High 65,215 MRO

2017 Average 75,490 MRO

Yearly Trough Low 37,435 MRO

Transaction Impact: A difference of 27,779.94 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.9847

12.4098

JanuMarcMayJulySeptNove

ETB to MRO Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 12.9265, compared to 12.7613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1652 points.

H1 Avg (Jan–Jun) 12.9265

H2 Avg (Jul–Dec) 12.7613

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 5.4559 MRO (High: 12.9430 / Low: 7.4871). On the other end, May was the most stable month, with a tight range of 0.0563 MRO (High: 12.9601 / Low: 12.9038).

October Spread (Volatile) ±5.4559

May Spread (Stable) ±0.0563

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.4232 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 12.9146) against the same month in 2017 (average: 15.5602), the exchange rate shifted by -2.6456 (-17.00%).

2018 Avg (July) 12.9146

2017 Avg (July) 15.5602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.0093	12.8628	12.9275
February	12.9877	12.8740	12.9227
March	12.9974	12.8810	12.9337
April	13.0118	12.8656	12.9368
May	12.9601	12.9038	12.9279
June	12.9662	12.8828	12.9101
July	13.0431	12.8016	12.9146
August	12.9838	12.8201	12.9022
September	12.9649	12.7549	12.8808
October	12.9430	7.4871	12.4577
November	12.8895	12.6821	12.7514
December	12.8172	12.5483	12.6611