YEARLY HIGH
0.1806 ETB
YEARLY LOW
0.1387 ETB
YEARLY AVERAGE
0.1583 ETB

2019 LRD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LRD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.1806. Conversely, the yearly low was recorded on October 17, dropping to 0.1387.

This high-to-low spread represents a total annual volatility of 0.0419 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1782 to the December average rate of 0.1670, the exchange rate registered a net change of -6.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1806 was down 20.38% compared to the 2018 peak of 0.2269, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 903 ETB
2018 Average 968 ETB
Yearly Trough Low 694 ETB
Transaction Impact: A difference of 209.58 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1821
0.1362
JanuMarcMayJulySeptNove

LRD 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 0.1691, compared to 0.1475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.1691
H2 Avg (Jul–Dec) 0.1475

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0187 ETB (High: 0.1585 / Low: 0.1398). On the other end, October was the most stable month, with a tight range of 0.0021 ETB (High: 0.1408 / Low: 0.1387).

November Spread (Volatile) ±0.0187
October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0128 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1782) against the same month in 2018 (average: 0.2164), the exchange rate shifted by -0.0382 (-17.64%).

2019 Avg (January) 0.1782
2018 Avg (January) 0.2164

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1806 0.1751 0.1782
February 0.1776 0.1753 0.1768
March 0.1773 0.1749 0.1760
April 0.1764 0.1682 0.1736
May 0.1696 0.1521 0.1609
June 0.1525 0.1469 0.1493
July 0.1485 0.1426 0.1448
August 0.1442 0.1418 0.1433
September 0.1423 0.1394 0.1411
October 0.1408 0.1387 0.1400
November 0.1585 0.1398 0.1492
December 0.1704 0.1594 0.1670