YEARLY HIGH
0.5856 ETB
YEARLY LOW
0.5571 ETB
YEARLY AVERAGE
0.5755 ETB

2018 GMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.5856. Conversely, the yearly low was recorded on October 7, dropping to 0.5571.

This high-to-low spread represents a total annual volatility of 0.0285 ETB. From a start-to-finish perspective, comparing the January average rate of 0.5720 to the December average rate of 0.5700, the exchange rate registered a net change of -0.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5856 was up 1.09% compared to the 2017 peak of 0.5793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,928 ETB
2017 Average 2,613 ETB
Yearly Trough Low 2,786 ETB
Transaction Impact: A difference of 142.38 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5860
0.5614
JanuMarcMayJulySeptNove

GMD 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 0.5806, compared to 0.5704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.5806
H2 Avg (Jul–Dec) 0.5704

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0160 ETB (High: 0.5789 / Low: 0.5629). On the other end, May was the most stable month, with a tight range of 0.0017 ETB (High: 0.5842 / Low: 0.5826).

January Spread (Volatile) ±0.0160
May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0079 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.5840) against the same month in 2017 (average: 0.5023), the exchange rate shifted by +0.0817 (+16.26%).

2018 Avg (June) 0.5840
2017 Avg (June) 0.5023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5789 0.5629 0.5720
February 0.5843 0.5738 0.5810
March 0.5841 0.5755 0.5812
April 0.5843 0.5782 0.5819
May 0.5842 0.5826 0.5834
June 0.5856 0.5806 0.5840
July 0.5844 0.5693 0.5780
August 0.5770 0.5724 0.5746
September 0.5778 0.5625 0.5713
October 0.5676 0.5571 0.5634
November 0.5683 0.5583 0.5651
December 0.5767 0.5621 0.5700