2018 ETB to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 9036.7357. Conversely, the yearly low was recorded on January 29, dropping to 0.3623.
This high-to-low spread represents a total annual volatility of 9036.3734 VEF. From a start-to-finish perspective, comparing the January average rate of 0.3681 to the December average rate of 8812.6988, the exchange rate registered a net change of 2394177.69% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 9036.7357 was up 2017938.78% compared to the 2017 peak of 0.4478, 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 VEF 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 1545.6950, compared to 7574.0509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6028.3559 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 5195.3456 VEF (High: 9036.7357 / Low: 3841.3901). On the other end, January was the most stable month, with a tight range of 0.0187 VEF (High: 0.3810 / Low: 0.3623).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 63.0488 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 6579.8104) against the same month in 2017 (average: 0.4350), the exchange rate shifted by +6579.3754 (+1512637.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.3810 | 0.3623 | 0.3681 |
| February | 1054.0360 | 0.3627 | 594.2914 |
| March | 1469.1977 | 1049.5283 | 1323.0365 |
| April | 2435.0689 | 1459.6123 | 1820.9173 |
| May | 2904.0349 | 2499.7243 | 2636.1410 |
| June | 2914.2124 | 2893.1281 | 2899.4159 |
| July | 3893.9194 | 2877.2056 | 3302.6500 |
| August | 9036.7357 | 3841.3901 | 6579.8104 |
| September | 9023.5462 | 8886.6849 | 8960.8764 |
| October | 9008.2900 | 8842.4096 | 8912.5226 |
| November | 8974.5681 | 8827.2697 | 8875.7476 |
| December | 8921.3319 | 8734.1878 | 8812.6988 |