2018 ETB to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 768.2965. Conversely, the yearly low was recorded on February 3, dropping to 714.1885.
This high-to-low spread represents a total annual volatility of 54.1080 STD. From a start-to-finish perspective, comparing the January average rate of 735.6276 to the December average rate of 746.5667, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 768.2965 was down 26.60% compared to the 2017 peak of 1046.7201, 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 STD 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 736.8711, compared to 756.2199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.3489 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 28.6130 STD (High: 767.6255 / Low: 739.0124). On the other end, August was the most stable month, with a tight range of 7.2689 STD (High: 765.5950 / Low: 758.3261).
Growth Streaks & Declines
TrendsBetween February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 13.8071 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 762.2137) against the same month in 2017 (average: 945.2932), the exchange rate shifted by -183.0796 (-19.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 746.6188 | 718.2203 | 735.6276 |
| February | 730.6004 | 714.1885 | 721.8204 |
| March | 726.7531 | 718.2544 | 723.2824 |
| April | 731.0673 | 721.5521 | 725.5302 |
| May | 767.6255 | 739.0124 | 752.7523 |
| June | 768.2965 | 755.5413 | 762.2137 |
| July | 766.3701 | 757.5765 | 761.3254 |
| August | 765.5950 | 758.3261 | 761.5734 |
| September | 764.4776 | 752.8827 | 759.1682 |
| October | 765.6488 | 749.1317 | 756.7954 |
| November | 760.0344 | 747.8011 | 751.8905 |
| December | 755.7695 | 739.9156 | 746.5667 |