YEARLY HIGH
0.0008 ETB
YEARLY LOW
0.0007 ETB
YEARLY AVERAGE
0.0007 ETB

2019 IRR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the IRR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0008. Conversely, the yearly low was recorded on January 9, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0007 to the December average rate of 0.0007, the exchange rate registered a net change of 11.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0008 was down 1.42% compared to the 2018 peak of 0.0008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 ETB
2018 Average 3 ETB
Yearly Trough Low 3 ETB
Transaction Impact: A difference of 0.52 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0008
0.0007
JanuMarcMayJulySeptNove

IRR 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 0.0007, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0007
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0000 ETB (High: 0.0008 / Low: 0.0007). On the other end, March was the most stable month, with a tight range of 0.0000 ETB (High: 0.0007 / Low: 0.0007).

December Spread (Volatile) ±0.0000
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0007) against the same month in 2018 (average: 0.0007), the exchange rate shifted by +0.0001 (+12.06%).

2019 Avg (December) 0.0007
2018 Avg (December) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0007 0.0007 0.0007
February 0.0007 0.0007 0.0007
March 0.0007 0.0007 0.0007
April 0.0007 0.0007 0.0007
May 0.0007 0.0007 0.0007
June 0.0007 0.0007 0.0007
July 0.0007 0.0007 0.0007
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0007 0.0007
December 0.0008 0.0007 0.0007