2019 ETB to SGD Historical Review

YEARLY HIGH

0.0485 SGD

YEARLY LOW

0.0422 SGD

YEARLY AVERAGE

0.0467 SGD

2019 ETB to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0485. Conversely, the yearly low was recorded on December 30, dropping to 0.0422.

This high-to-low spread represents a total annual volatility of 0.0063 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0478 to the December average rate of 0.0431, the exchange rate registered a net change of -9.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0485 was down 3.17% compared to the 2018 peak of 0.0501, 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 243 SGD

2018 Average 244 SGD

Yearly Trough Low 211 SGD

Transaction Impact: A difference of 31.60 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0483

0.0426

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 0.0474, compared to 0.0461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0474

H2 Avg (Jul–Dec) 0.0461

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0025 SGD (High: 0.0447 / Low: 0.0422). On the other end, March was the most stable month, with a tight range of 0.0007 SGD (High: 0.0479 / Low: 0.0472).

December Spread (Volatile) ±0.0025

March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0478) against the same month in 2018 (average: 0.0481), the exchange rate shifted by -0.0003 (-0.67%).

2019 Avg (January) 0.0478

2018 Avg (January) 0.0481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0485	0.0474	0.0478
February	0.0479	0.0472	0.0475
March	0.0479	0.0472	0.0474
April	0.0476	0.0468	0.0471
May	0.0480	0.0469	0.0474
June	0.0478	0.0465	0.0470
July	0.0477	0.0465	0.0470
August	0.0483	0.0470	0.0475
September	0.0477	0.0467	0.0470
October	0.0474	0.0458	0.0464
November	0.0462	0.0447	0.0455
December	0.0447	0.0422	0.0431