YEARLY HIGH
0.0501 SGD
YEARLY LOW
0.0474 SGD
YEARLY AVERAGE
0.0488 SGD

2018 ETB to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0501. Conversely, the yearly low was recorded on January 27, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0027 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0481 to the December average rate of 0.0486, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0501 was down 22.52% compared to the 2017 peak of 0.0647, 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 251 SGD
2017 Average 290 SGD
Yearly Trough Low 237 SGD
Transaction Impact: A difference of 13.33 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0497
0.0477
JanuMarcMayJulySeptNove

ETB to SGD 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 0.0482, compared to 0.0493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0482
H2 Avg (Jul–Dec) 0.0493

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0014 SGD (High: 0.0489 / Low: 0.0474). On the other end, July was the most stable month, with a tight range of 0.0005 SGD (High: 0.0497 / Low: 0.0492).

January Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0495) against the same month in 2017 (average: 0.0528), the exchange rate shifted by -0.0033 (-6.27%).

2018 Avg (October) 0.0495
2017 Avg (October) 0.0528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0489 0.0474 0.0481
February 0.0484 0.0475 0.0480
March 0.0481 0.0475 0.0478
April 0.0484 0.0476 0.0479
May 0.0490 0.0484 0.0487
June 0.0497 0.0484 0.0489
July 0.0497 0.0492 0.0494
August 0.0500 0.0491 0.0495
September 0.0501 0.0488 0.0495
October 0.0501 0.0491 0.0495
November 0.0496 0.0487 0.0491
December 0.0492 0.0480 0.0486