YEARLY HIGH
0.0089 ETB
YEARLY LOW
0.0076 ETB
YEARLY AVERAGE
0.0083 ETB

2018 MGA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 0.0089. Conversely, the yearly low was recorded on November 28, dropping to 0.0076.

This high-to-low spread represents a total annual volatility of 0.0013 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0079, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0089 was up 0.47% compared to the 2017 peak of 0.0089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45 ETB
2017 Average 38 ETB
Yearly Trough Low 38 ETB
Transaction Impact: A difference of 6.45 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0088
0.0077
JanuMarcMayJulySeptNove

MGA 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 0.0085, compared to 0.0081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0085
H2 Avg (Jul–Dec) 0.0081

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0005 ETB (High: 0.0082 / Low: 0.0076). On the other end, August was the most stable month, with a tight range of 0.0002 ETB (High: 0.0084 / Low: 0.0083).

December Spread (Volatile) ±0.0005
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0087) against the same month in 2017 (average: 0.0071), the exchange rate shifted by +0.0016 (+22.32%).

2018 Avg (March) 0.0087
2017 Avg (March) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0084 0.0085
February 0.0088 0.0085 0.0087
March 0.0089 0.0085 0.0087
April 0.0086 0.0084 0.0085
May 0.0085 0.0083 0.0084
June 0.0083 0.0081 0.0082
July 0.0084 0.0081 0.0082
August 0.0084 0.0083 0.0084
September 0.0083 0.0080 0.0082
October 0.0081 0.0078 0.0080
November 0.0080 0.0076 0.0078
December 0.0082 0.0076 0.0079