YEARLY HIGH
39.3632 ETB
YEARLY LOW
35.0362 ETB
YEARLY AVERAGE
36.9405 ETB

2018 FKP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 39.3632. Conversely, the yearly low was recorded on December 11, dropping to 35.0362.

This high-to-low spread represents a total annual volatility of 4.3270 ETB. From a start-to-finish perspective, comparing the January average rate of 37.9382 to the December average rate of 35.7221, the exchange rate registered a net change of -5.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 39.3632 was up 6.28% compared to the 2017 peak of 37.0381, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 196,816 ETB
2017 Average 154,694 ETB
Yearly Trough Low 175,181 ETB
Transaction Impact: A difference of 21,634.97 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

38.9457
35.2623
JanuMarcMayJulySeptNove

FKP 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 37.8501, compared to 36.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8192 points.

H1 Avg (Jan–Jun) 37.8501
H2 Avg (Jul–Dec) 36.0309

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 2.2250 ETB (High: 39.1909 / Low: 36.9659). On the other end, July was the most stable month, with a tight range of 0.6998 ETB (High: 36.6522 / Low: 35.9524).

January Spread (Volatile) ±2.2250
July Spread (Stable) ±0.6998

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 1.5862 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.5862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 38.6388) against the same month in 2017 (average: 28.8944), the exchange rate shifted by +9.7444 (+33.72%).

2018 Avg (April) 38.6388
2017 Avg (April) 28.8944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 39.1909 36.9659 37.9382
February 39.3177 37.9120 38.4187
March 39.2255 37.8549 38.4160
April 39.3632 37.8817 38.6388
May 37.5104 36.4998 37.0526
June 36.9878 36.0259 36.6363
July 36.6522 35.9524 36.3254
August 36.3825 35.0460 35.5693
September 36.8378 35.5609 36.1603
October 36.7776 35.3884 36.2916
November 36.6687 35.5627 36.1169
December 36.1286 35.0362 35.7221