2019 JOD to ETB Historical Review

YEARLY HIGH

45.0788 ETB

YEARLY LOW

39.6086 ETB

YEARLY AVERAGE

41.1944 ETB

2019 JOD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 45.0788. Conversely, the yearly low was recorded on January 1, dropping to 39.6086.

This high-to-low spread represents a total annual volatility of 5.4702 ETB. From a start-to-finish perspective, comparing the January average rate of 39.9621 to the December average rate of 44.4017, the exchange rate registered a net change of 11.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 45.0788 was up 12.44% compared to the 2018 peak of 40.0928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225,394 ETB

2018 Average 194,978 ETB

Yearly Trough Low 198,043 ETB

Transaction Impact: A difference of 27,351.08 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

44.8457

39.5181

JanuMarcMayJulySeptNove

JOD 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 40.4271, compared to 41.9616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5346 points.

H1 Avg (Jan–Jun) 40.4271

H2 Avg (Jul–Dec) 41.9616

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 2.1818 ETB (High: 45.0788 / Low: 42.8970). On the other end, March was the most stable month, with a tight range of 0.4719 ETB (High: 40.4341 / Low: 39.9622).

December Spread (Volatile) ±2.1818

March Spread (Stable) ±0.4719

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: 44.4017) against the same month in 2018 (average: 39.7289), the exchange rate shifted by +4.6728 (+11.76%).

2019 Avg (December) 44.4017

2018 Avg (December) 39.7289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.2056	39.6086	39.9621
February	40.3213	39.7930	40.1384
March	40.4341	39.9622	40.2551
April	40.8045	40.3028	40.6198
May	41.0437	40.4207	40.7465
June	41.0717	40.4272	40.8406
July	41.1319	40.2856	40.8580
August	41.6502	40.5875	41.1609
September	41.6429	41.0817	41.4527
October	42.0727	41.1770	41.6974
November	43.1290	41.5077	42.1992
December	45.0788	42.8970	44.4017