YEARLY HIGH
0.5476 NAD
YEARLY LOW
0.4191 NAD
YEARLY AVERAGE
0.4777 NAD

2018 ETB to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.5476. Conversely, the yearly low was recorded on February 23, dropping to 0.4191.

This high-to-low spread represents a total annual volatility of 0.1285 NAD. From a start-to-finish perspective, comparing the January average rate of 0.4439 to the December average rate of 0.5049, the exchange rate registered a net change of 13.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5476 was down 10.57% compared to the 2017 peak of 0.6123, 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 2,738 NAD
2017 Average 2,788 NAD
Yearly Trough Low 2,095 NAD
Transaction Impact: A difference of 642.68 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5370
0.4204
JanuMarcMayJulySeptNove

ETB to NAD 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 0.4468, compared to 0.5086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0618 points.

H1 Avg (Jan–Jun) 0.4468
H2 Avg (Jul–Dec) 0.5086

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0497 NAD (High: 0.5273 / Low: 0.4777). On the other end, March was the most stable month, with a tight range of 0.0167 NAD (High: 0.4390 / Low: 0.4223).

August Spread (Volatile) ±0.0497
March Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0167 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.5272) against the same month in 2017 (average: 0.5596), the exchange rate shifted by -0.0324 (-5.79%).

2018 Avg (September) 0.5272
2017 Avg (September) 0.5596

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4546 0.4294 0.4439
February 0.4413 0.4191 0.4301
March 0.4390 0.4223 0.4310
April 0.4518 0.4301 0.4405
May 0.4630 0.4457 0.4548
June 0.5009 0.4563 0.4803
July 0.5025 0.4765 0.4881
August 0.5273 0.4777 0.5071
September 0.5476 0.5081 0.5272
October 0.5348 0.5082 0.5204
November 0.5178 0.4871 0.5037
December 0.5182 0.4841 0.5049