YEARLY HIGH
1.8414 ETB
YEARLY LOW
1.7591 ETB
YEARLY AVERAGE
1.7919 ETB

2018 MVR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MVR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.8414. Conversely, the yearly low was recorded on July 25, dropping to 1.7591.

This high-to-low spread represents a total annual volatility of 0.0823 ETB. From a start-to-finish perspective, comparing the January average rate of 1.7822 to the December average rate of 1.8245, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.8414 was up 2.60% compared to the 2017 peak of 1.7948, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,207 ETB
2017 Average 7,767 ETB
Yearly Trough Low 8,795 ETB
Transaction Impact: A difference of 411.66 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.8295
1.7699
JanuMarcMayJulySeptNove

MVR 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 1.7807, compared to 1.8030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0224 points.

H1 Avg (Jan–Jun) 1.7807
H2 Avg (Jul–Dec) 1.8030

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0430 ETB (High: 1.8021 / Low: 1.7591). On the other end, March was the most stable month, with a tight range of 0.0168 ETB (High: 1.7896 / Low: 1.7728).

July Spread (Volatile) ±0.0430
March Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0063 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.8245) against the same month in 2017 (average: 1.7760), the exchange rate shifted by +0.0485 (+2.73%).

2018 Avg (December) 1.8245
2017 Avg (December) 1.7760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7901 1.7717 1.7822
February 1.7896 1.7705 1.7816
March 1.7896 1.7728 1.7799
April 1.7891 1.7614 1.7812
May 1.7840 1.7652 1.7749
June 1.7915 1.7689 1.7841
July 1.8021 1.7591 1.7871
August 1.8023 1.7785 1.7906
September 1.8156 1.7811 1.7979
October 1.8176 1.7841 1.8066
November 1.8220 1.7915 1.8116
December 1.8414 1.8016 1.8245