2019 FKP to ETB Historical Review

YEARLY HIGH

42.5057 ETB

YEARLY LOW

34.8718 ETB

YEARLY AVERAGE

37.3095 ETB

2019 FKP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 42.5057. Conversely, the yearly low was recorded on August 11, dropping to 34.8718.

This high-to-low spread represents a total annual volatility of 7.6338 ETB. From a start-to-finish perspective, comparing the January average rate of 36.5971 to the December average rate of 41.2835, the exchange rate registered a net change of 12.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 42.5057 was up 7.98% compared to the 2018 peak of 39.3632, 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 212,528 ETB

2018 Average 184,645 ETB

Yearly Trough Low 174,359 ETB

Transaction Impact: A difference of 38,169.12 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

41.8670

34.8653

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 37.0968, compared to 37.5223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4255 points.

H1 Avg (Jan–Jun) 37.0968

H2 Avg (Jul–Dec) 37.5223

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 2.9967 ETB (High: 42.5057 / Low: 39.5090). On the other end, June was the most stable month, with a tight range of 0.7834 ETB (High: 37.0901 / Low: 36.3067).

December Spread (Volatile) ±2.9967

June Spread (Stable) ±0.7834

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.6781 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 41.2835) against the same month in 2018 (average: 35.7221), the exchange rate shifted by +5.5614 (+15.57%).

2019 Avg (December) 41.2835

2018 Avg (December) 35.7221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.5466	35.2814	36.5971
February	37.9369	36.3596	37.0395
March	38.0756	37.0578	37.5913
April	37.9606	36.9525	37.4984
May	38.2017	36.3363	37.1409
June	37.0901	36.3067	36.7135
July	36.8386	35.1522	36.1269
August	35.9820	34.8718	35.4488
September	36.8810	35.1672	36.3073
October	38.5598	35.8852	37.4247
November	39.5581	38.0214	38.5425
December	42.5057	39.5090	41.2835