2019 ETB to MRO Historical Review

YEARLY HIGH

12.7031 MRO

YEARLY LOW

11.1699 MRO

YEARLY AVERAGE

12.2326 MRO

2019 ETB to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 12.7031. Conversely, the yearly low was recorded on December 31, dropping to 11.1699.

This high-to-low spread represents a total annual volatility of 1.5331 MRO. From a start-to-finish perspective, comparing the January average rate of 12.5884 to the December average rate of 11.3414, the exchange rate registered a net change of -9.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.7031 was down 2.61% compared to the 2018 peak of 13.0431, 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 63,515 MRO

2018 Average 64,215 MRO

Yearly Trough Low 55,850 MRO

Transaction Impact: A difference of 7,665.73 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.7131

11.2167

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 12.4533, compared to 12.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4413 points.

H1 Avg (Jan–Jun) 12.4533

H2 Avg (Jul–Dec) 12.0120

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.5681 MRO (High: 11.7380 / Low: 11.1699). On the other end, March was the most stable month, with a tight range of 0.1470 MRO (High: 12.5947 / Low: 12.4477).

December Spread (Volatile) ±0.5681

March Spread (Stable) ±0.1470

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5927 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.5927

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 12.5884) against the same month in 2018 (average: 12.9275), the exchange rate shifted by -0.3391 (-2.62%).

2019 Avg (January) 12.5884

2018 Avg (January) 12.9275

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7031	12.5131	12.5884
February	12.6429	12.4825	12.5380
March	12.5947	12.4477	12.5078
April	12.4936	12.3444	12.3978
May	12.4571	12.2680	12.3585
June	12.4551	12.2596	12.3292
July	12.4989	12.2417	12.3246
August	12.4059	12.0894	12.2404
September	12.2636	12.0914	12.1508
October	12.2283	11.9849	12.0808
November	12.1309	11.6667	11.9341
December	11.7380	11.1699	11.3414