YEARLY HIGH
0.1336 ETB
YEARLY LOW
0.0767 ETB
YEARLY AVERAGE
0.0780 ETB

2018 MRO to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.1336. Conversely, the yearly low was recorded on July 25, dropping to 0.0767.

This high-to-low spread represents a total annual volatility of 0.0569 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0774 to the December average rate of 0.0790, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1336 was up 72.33% compared to the 2017 peak of 0.0775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 668 ETB
2017 Average 333 ETB
Yearly Trough Low 383 ETB
Transaction Impact: A difference of 284.47 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0821
0.0769
JanuMarcMayJulySeptNove

MRO 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 0.0774, compared to 0.0786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0774
H2 Avg (Jul–Dec) 0.0786

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0563 ETB (High: 0.1336 / Low: 0.0773). On the other end, May was the most stable month, with a tight range of 0.0003 ETB (High: 0.0775 / Low: 0.0772).

October Spread (Volatile) ±0.0563
May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0817) against the same month in 2017 (average: 0.0717), the exchange rate shifted by +0.0100 (+13.89%).

2018 Avg (October) 0.0817
2017 Avg (October) 0.0717

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0777 0.0769 0.0774
February 0.0777 0.0770 0.0774
March 0.0776 0.0769 0.0773
April 0.0777 0.0769 0.0773
May 0.0775 0.0772 0.0774
June 0.0776 0.0771 0.0775
July 0.0781 0.0767 0.0774
August 0.0780 0.0770 0.0775
September 0.0784 0.0771 0.0776
October 0.1336 0.0773 0.0817
November 0.0789 0.0776 0.0784
December 0.0797 0.0780 0.0790