YEARLY HIGH
2.3863 ETB
YEARLY LOW
1.8262 ETB
YEARLY AVERAGE
2.1053 ETB

2018 NAD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NAD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.3863. Conversely, the yearly low was recorded on September 5, dropping to 1.8262.

This high-to-low spread represents a total annual volatility of 0.5601 ETB. From a start-to-finish perspective, comparing the January average rate of 2.2533 to the December average rate of 1.9812, the exchange rate registered a net change of -12.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3863 was up 7.16% compared to the 2017 peak of 2.2270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,932 ETB
2017 Average 9,007 ETB
Yearly Trough Low 9,131 ETB
Transaction Impact: A difference of 2,800.68 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3684
1.8549
JanuMarcMayJulySeptNove

NAD 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 2.2421, compared to 1.9684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2737 points.

H1 Avg (Jan–Jun) 2.2421
H2 Avg (Jul–Dec) 1.9684

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1972 ETB (High: 2.0936 / Low: 1.8964). On the other end, May was the most stable month, with a tight range of 0.0840 ETB (High: 2.2436 / Low: 2.1596).

August Spread (Volatile) ±0.1972
May Spread (Stable) ±0.0840

Growth Streaks & Declines

Trends

Between September and November, 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 0.1152 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.3256) against the same month in 2017 (average: 1.7170), the exchange rate shifted by +0.6086 (+35.44%).

2018 Avg (February) 2.3256
2017 Avg (February) 1.7170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3286 2.1998 2.2533
February 2.3863 2.2659 2.3256
March 2.3679 2.2778 2.3202
April 2.3252 2.2132 2.2709
May 2.2436 2.1596 2.1989
June 2.1917 1.9965 2.0836
July 2.0985 1.9901 2.0492
August 2.0936 1.8964 1.9745
September 1.9680 1.8262 1.8977
October 1.9677 1.8699 1.9220
November 2.0531 1.9312 1.9860
December 2.0658 1.9297 1.9812