2018 ETB to SGD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |