YEARLY HIGH
1.6925 ETB
YEARLY LOW
1.4313 ETB
YEARLY AVERAGE
1.5178 ETB

2019 MXN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MXN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.6925. Conversely, the yearly low was recorded on January 1, dropping to 1.4313.

This high-to-low spread represents a total annual volatility of 0.2612 ETB. From a start-to-finish perspective, comparing the January average rate of 1.4791 to the December average rate of 1.6496, the exchange rate registered a net change of 11.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6925 was up 10.98% compared to the 2018 peak of 1.5250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 84,626 ETB
2018 Average 72,041 ETB
Yearly Trough Low 71,566 ETB
Transaction Impact: A difference of 13,060.19 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6667
1.4621
JanuMarcMayJulySeptNove

MXN 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 1.4965, compared to 1.5390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0425 points.

H1 Avg (Jan–Jun) 1.4965
H2 Avg (Jul–Dec) 1.5390

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1266 ETB (High: 1.6925 / Low: 1.5660). On the other end, February was the most stable month, with a tight range of 0.0325 ETB (High: 1.4982 / Low: 1.4657).

December Spread (Volatile) ±0.1266
February Spread (Stable) ±0.0325

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0393 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 1.6496) against the same month in 2018 (average: 1.4042), the exchange rate shifted by +0.2454 (+17.48%).

2019 Avg (December) 1.6496
2018 Avg (December) 1.4042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5028 1.4313 1.4791
February 1.4982 1.4657 1.4847
March 1.5124 1.4526 1.4825
April 1.5413 1.4922 1.5206
May 1.5329 1.4753 1.5112
June 1.5211 1.4628 1.5011
July 1.5329 1.4908 1.5209
August 1.5111 1.4374 1.4816
September 1.5183 1.4480 1.5005
October 1.5627 1.4731 1.5308
November 1.5678 1.5299 1.5507
December 1.6925 1.5660 1.6496