2018 FKP to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |