YEARLY HIGH
35.8598 ETB
YEARLY LOW
31.8310 ETB
YEARLY AVERAGE
32.7034 ETB

2019 EUR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EUR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 35.8598. Conversely, the yearly low was recorded on March 7, dropping to 31.8310.

This high-to-low spread represents a total annual volatility of 4.0288 ETB. From a start-to-finish perspective, comparing the January average rate of 32.3842 to the December average rate of 34.9869, the exchange rate registered a net change of 8.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 35.8598 was up 4.00% compared to the 2018 peak of 34.4798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 179,299 ETB
2018 Average 163,374 ETB
Yearly Trough Low 159,155 ETB
Transaction Impact: A difference of 20,144.12 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

35.2605
31.9779
JanuMarcMayJulySeptNove

EUR to ETB 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 32.3919, compared to 33.0148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6229 points.

H1 Avg (Jan–Jun) 32.3919
H2 Avg (Jul–Dec) 33.0148

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 2.2257 ETB (High: 35.8598 / Low: 33.6341). On the other end, May was the most stable month, with a tight range of 0.5037 ETB (High: 32.5826 / Low: 32.0789).

December Spread (Volatile) ±2.2257
May Spread (Stable) ±0.5037

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2350 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 34.9869) against the same month in 2018 (average: 32.0807), the exchange rate shifted by +2.9062 (+9.06%).

2019 Avg (December) 34.9869
2018 Avg (December) 32.0807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.8042 31.8889 32.3842
February 32.6653 32.0848 32.3202
March 32.4877 31.8310 32.2514
April 32.6925 31.9115 32.3482
May 32.5826 32.0789 32.3267
June 33.1133 32.0998 32.7208
July 32.9289 32.0027 32.4858
August 32.8751 32.0671 32.4865
September 32.7765 31.9566 32.3778
October 33.1802 31.9257 32.6864
November 33.7163 32.5306 33.0652
December 35.8598 33.6341 34.9869