YEARLY HIGH
0.4599 ETB
YEARLY LOW
0.4090 ETB
YEARLY AVERAGE
0.4222 ETB

2019 KGS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KGS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4599. Conversely, the yearly low was recorded on January 1, dropping to 0.4090.

This high-to-low spread represents a total annual volatility of 0.0508 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4128 to the December average rate of 0.4521, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4599 was up 11.06% compared to the 2018 peak of 0.4141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,299 ETB
2018 Average 2,022 ETB
Yearly Trough Low 2,045 ETB
Transaction Impact: A difference of 254.17 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4560
0.4089
JanuMarcMayJulySeptNove

KGS 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 0.4173, compared to 0.4271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.4173
H2 Avg (Jul–Dec) 0.4271

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0233 ETB (High: 0.4599 / Low: 0.4365). On the other end, March was the most stable month, with a tight range of 0.0048 ETB (High: 0.4176 / Low: 0.4128).

December Spread (Volatile) ±0.0233
March Spread (Stable) ±0.0048

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 June and July, when the average rate fell by 0.0048 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.4521) against the same month in 2018 (average: 0.4104), the exchange rate shifted by +0.0417 (+10.15%).

2019 Avg (December) 0.4521
2018 Avg (December) 0.4104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4153 0.4090 0.4128
February 0.4165 0.4111 0.4146
March 0.4176 0.4128 0.4156
April 0.4210 0.4159 0.4192
May 0.4235 0.4171 0.4204
June 0.4240 0.4170 0.4211
July 0.4200 0.4102 0.4164
August 0.4239 0.4132 0.4188
September 0.4242 0.4178 0.4218
October 0.4276 0.4195 0.4243
November 0.4392 0.4224 0.4295
December 0.4599 0.4365 0.4521