YEARLY HIGH
20.3932 ETB
YEARLY LOW
17.7725 ETB
YEARLY AVERAGE
19.1556 ETB

2018 NZD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 20.3932. Conversely, the yearly low was recorded on October 7, dropping to 17.7725.

This high-to-low spread represents a total annual volatility of 2.6206 ETB. From a start-to-finish perspective, comparing the January average rate of 19.9139 to the December average rate of 19.1876, the exchange rate registered a net change of -3.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 20.3932 was up 4.10% compared to the 2017 peak of 19.5894, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101,966 ETB
2017 Average 85,130 ETB
Yearly Trough Low 88,863 ETB
Transaction Impact: A difference of 13,103.12 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20.2777
17.9992
JanuMarcMayJulySeptNove

NZD 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 19.6810, compared to 18.6303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0507 points.

H1 Avg (Jan–Jun) 19.6810
H2 Avg (Jul–Dec) 18.6303

Volatility Range Comparison

Volatility

The most volatile month in 2018 was April, with a trading range of 0.9638 ETB (High: 20.3371 / Low: 19.3733). On the other end, July was the most stable month, with a tight range of 0.3777 ETB (High: 18.8654 / Low: 18.4877).

April Spread (Volatile) ±0.9638
July Spread (Stable) ±0.3777

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.7615 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7615

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 20.0878) against the same month in 2017 (average: 16.3659), the exchange rate shifted by +3.7219 (+22.74%).

2018 Avg (February) 20.0878
2017 Avg (February) 16.3659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.2566 19.3885 19.9139
February 20.3932 19.7873 20.0878
March 20.1967 19.7202 19.9435
April 20.3371 19.3733 19.8916
May 19.3703 18.8869 19.1302
June 19.3864 18.6058 19.1190
July 18.8654 18.4877 18.7220
August 18.8321 18.1172 18.4189
September 18.6844 17.9975 18.2949
October 18.4381 17.7725 18.1891
November 19.3228 18.5810 18.9694
December 19.5960 18.8971 19.1876