2018 ETB to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.7568. Conversely, the yearly low was recorded on April 14, dropping to 0.6557.
This high-to-low spread represents a total annual volatility of 0.1011 MXN. From a start-to-finish perspective, comparing the January average rate of 0.6888 to the December average rate of 0.7123, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.7568 was down 22.64% compared to the 2017 peak of 0.9783, 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 MXN 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 0.6929, compared to 0.6965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.0532 MXN (High: 0.7261 / Low: 0.6729). On the other end, February was the most stable month, with a tight range of 0.0214 MXN (High: 0.6867 / Low: 0.6652).
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 June and July, when the average rate fell by 0.0464 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 0.7355) against the same month in 2017 (average: 0.7862), the exchange rate shifted by -0.0506 (-6.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.7185 | 0.6705 | 0.6888 |
| February | 0.6867 | 0.6652 | 0.6778 |
| March | 0.6862 | 0.6589 | 0.6762 |
| April | 0.6884 | 0.6557 | 0.6686 |
| May | 0.7250 | 0.6875 | 0.7103 |
| June | 0.7568 | 0.7166 | 0.7355 |
| July | 0.7247 | 0.6726 | 0.6891 |
| August | 0.6944 | 0.6683 | 0.6819 |
| September | 0.7019 | 0.6709 | 0.6852 |
| October | 0.7261 | 0.6729 | 0.6880 |
| November | 0.7320 | 0.7052 | 0.7224 |
| December | 0.7278 | 0.6910 | 0.7123 |