YEARLY HIGH
0.2799 ETB
YEARLY LOW
0.2461 ETB
YEARLY AVERAGE
0.2594 ETB

2019 NPR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NPR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.2799. Conversely, the yearly low was recorded on February 4, dropping to 0.2461.

This high-to-low spread represents a total annual volatility of 0.0338 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2510 to the December average rate of 0.2765, the exchange rate registered a net change of 10.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2799 was up 2.67% compared to the 2018 peak of 0.2726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,399 ETB
2018 Average 1,267 ETB
Yearly Trough Low 1,230 ETB
Transaction Impact: A difference of 168.93 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2791
0.2477
JanuMarcMayJulySeptNove

NPR 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 0.2561, compared to 0.2628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.2561
H2 Avg (Jul–Dec) 0.2628

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0130 ETB (High: 0.2799 / Low: 0.2669). On the other end, October was the most stable month, with a tight range of 0.0048 ETB (High: 0.2624 / Low: 0.2576).

December Spread (Volatile) ±0.0130
October Spread (Stable) ±0.0048

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 0.0063 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.2765) against the same month in 2018 (average: 0.2495), the exchange rate shifted by +0.0270 (+10.82%).

2019 Avg (December) 0.2765
2018 Avg (December) 0.2495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2555 0.2466 0.2510
February 0.2528 0.2461 0.2503
March 0.2600 0.2502 0.2568
April 0.2611 0.2558 0.2589
May 0.2615 0.2546 0.2588
June 0.2630 0.2580 0.2605
July 0.2660 0.2604 0.2634
August 0.2628 0.2528 0.2572
September 0.2606 0.2540 0.2578
October 0.2624 0.2576 0.2601
November 0.2671 0.2566 0.2618
December 0.2799 0.2669 0.2765