YEARLY HIGH
0.6987 MXN
YEARLY LOW
0.5908 MXN
YEARLY AVERAGE
0.6595 MXN

2019 ETB to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6987. Conversely, the yearly low was recorded on December 29, dropping to 0.5908.

This high-to-low spread represents a total annual volatility of 0.1078 MXN. From a start-to-finish perspective, comparing the January average rate of 0.6762 to the December average rate of 0.6066, the exchange rate registered a net change of -10.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6987 was down 7.69% compared to the 2018 peak of 0.7568, 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 3,493 MXN
2018 Average 3,474 MXN
Yearly Trough Low 2,954 MXN
Transaction Impact: A difference of 539.11 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6831
0.5996
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6683, compared to 0.6507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.6683
H2 Avg (Jul–Dec) 0.6507

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0477 MXN (High: 0.6386 / Low: 0.5908). On the other end, February was the most stable month, with a tight range of 0.0148 MXN (High: 0.6823 / Low: 0.6675).

December Spread (Volatile) ±0.0477
February Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0383 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6762) against the same month in 2018 (average: 0.6888), the exchange rate shifted by -0.0126 (-1.84%).

2019 Avg (January) 0.6762
2018 Avg (January) 0.6888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6987 0.6654 0.6762
February 0.6823 0.6675 0.6736
March 0.6884 0.6612 0.6746
April 0.6702 0.6488 0.6577
May 0.6778 0.6524 0.6618
June 0.6836 0.6574 0.6663
July 0.6708 0.6523 0.6575
August 0.6957 0.6618 0.6750
September 0.6906 0.6586 0.6665
October 0.6789 0.6399 0.6534
November 0.6536 0.6378 0.6449
December 0.6386 0.5908 0.6066