2019 ETB to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ETB to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ETB to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 20.6075. Conversely, the yearly low was recorded on December 31, dropping to 18.2923.
This high-to-low spread represents a total annual volatility of 2.3152 XOF. From a start-to-finish perspective, comparing the January average rate of 20.2561 to the December average rate of 18.7547, the exchange rate registered a net change of -7.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 20.6075 was down 1.57% compared to the 2018 peak of 20.9353, 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 2019.
ETB to XOF 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 20.2516, compared to 19.8851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3666 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 1.2105 XOF (High: 19.5028 / Low: 18.2923). On the other end, May was the most stable month, with a tight range of 0.3161 XOF (High: 20.4482 / Low: 20.1321).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.0854 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 20.3394) against the same month in 2018 (average: 19.3392), the exchange rate shifted by +1.0001 (+5.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.5700 | 19.9961 | 20.2561 |
| February | 20.4445 | 20.0811 | 20.2960 |
| March | 20.6075 | 20.1909 | 20.3394 |
| April | 20.5555 | 20.0644 | 20.2786 |
| May | 20.4482 | 20.1321 | 20.2918 |
| June | 20.4349 | 19.8095 | 20.0479 |
| July | 20.4969 | 19.9204 | 20.1932 |
| August | 20.4558 | 19.9530 | 20.1923 |
| September | 20.5265 | 20.0130 | 20.2601 |
| October | 20.5464 | 19.7695 | 20.0701 |
| November | 20.1643 | 19.4552 | 19.8401 |
| December | 19.5028 | 18.2923 | 18.7547 |