2018 ETB to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 21.3430. Conversely, the yearly low was recorded on December 29, dropping to 20.4042.
This high-to-low spread represents a total annual volatility of 0.9388 SOS. From a start-to-finish perspective, comparing the January average rate of 21.1207 to the December average rate of 20.5677, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 21.3430 was down 17.35% compared to the 2017 peak of 25.8249, 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 SOS 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 21.0457, compared to 20.7985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2472 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.5600 SOS (High: 21.3430 / Low: 20.7831). On the other end, February was the most stable month, with a tight range of 0.1500 SOS (High: 21.1845 / Low: 21.0345).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1232 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 21.1207) against the same month in 2017 (average: 25.6093), the exchange rate shifted by -4.4885 (-17.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.3430 | 20.7831 | 21.1207 |
| February | 21.1845 | 21.0345 | 21.1203 |
| March | 21.2977 | 21.0055 | 21.1263 |
| April | 21.1280 | 20.8000 | 21.0202 |
| May | 21.1119 | 20.7849 | 20.9526 |
| June | 21.0584 | 20.7246 | 20.9341 |
| July | 21.1497 | 20.7729 | 20.9735 |
| August | 20.9809 | 20.8071 | 20.9214 |
| September | 21.0278 | 20.6708 | 20.8564 |
| October | 20.9430 | 20.6762 | 20.7812 |
| November | 20.7871 | 20.5866 | 20.6909 |
| December | 20.8056 | 20.4042 | 20.5677 |