YEARLY HIGH
0.0895 ETB
YEARLY LOW
0.0787 ETB
YEARLY AVERAGE
0.0818 ETB

2019 MRO to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MRO to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0895. Conversely, the yearly low was recorded on January 1, dropping to 0.0787.

This high-to-low spread represents a total annual volatility of 0.0108 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0794 to the December average rate of 0.0882, the exchange rate registered a net change of 11.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0895 was down 32.97% compared to the 2018 peak of 0.1336, 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 448 ETB
2018 Average 390 ETB
Yearly Trough Low 394 ETB
Transaction Impact: A difference of 54.03 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0891
0.0786
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 0.0803, compared to 0.0833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0803
H2 Avg (Jul–Dec) 0.0833

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0043 ETB (High: 0.0895 / Low: 0.0852). On the other end, March was the most stable month, with a tight range of 0.0009 ETB (High: 0.0803 / Low: 0.0794).

December Spread (Volatile) ±0.0043
March Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0882) against the same month in 2018 (average: 0.0790), the exchange rate shifted by +0.0092 (+11.66%).

2019 Avg (December) 0.0882
2018 Avg (December) 0.0790

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0799 0.0787 0.0794
February 0.0801 0.0791 0.0798
March 0.0803 0.0794 0.0800
April 0.0810 0.0800 0.0807
May 0.0815 0.0803 0.0809
June 0.0816 0.0803 0.0811
July 0.0817 0.0800 0.0811
August 0.0827 0.0806 0.0817
September 0.0827 0.0815 0.0823
October 0.0834 0.0818 0.0828
November 0.0857 0.0824 0.0838
December 0.0895 0.0852 0.0882