YEARLY HIGH
1.6832 ETB
YEARLY LOW
1.5972 ETB
YEARLY AVERAGE
1.6468 ETB

2018 MDL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MDL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 1.6832. Conversely, the yearly low was recorded on January 10, dropping to 1.5972.

This high-to-low spread represents a total annual volatility of 0.0861 ETB. From a start-to-finish perspective, comparing the January average rate of 1.6199 to the December average rate of 1.6419, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6832 was up 4.17% compared to the 2017 peak of 1.6158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,416 ETB
2017 Average 6,535 ETB
Yearly Trough Low 7,986 ETB
Transaction Impact: A difference of 430.32 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.6757
1.6148
JanuMarcMayJulySeptNove

MDL 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 1.6472, compared to 1.6465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 1.6472
H2 Avg (Jul–Dec) 1.6465

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0655 ETB (High: 1.6753 / Low: 1.6098). On the other end, September was the most stable month, with a tight range of 0.0205 ETB (High: 1.6595 / Low: 1.6391).

December Spread (Volatile) ±0.0655
September Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0207 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 1.6707) against the same month in 2017 (average: 1.1831), the exchange rate shifted by +0.4876 (+41.21%).

2018 Avg (April) 1.6707
2017 Avg (April) 1.1831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6524 1.5972 1.6199
February 1.6606 1.6345 1.6493
March 1.6719 1.6443 1.6597
April 1.6832 1.6590 1.6707
May 1.6668 1.6198 1.6499
June 1.6448 1.6204 1.6335
July 1.6682 1.6300 1.6500
August 1.6788 1.6457 1.6619
September 1.6595 1.6391 1.6499
October 1.6542 1.6104 1.6391
November 1.6510 1.6254 1.6363
December 1.6753 1.6098 1.6419