2019 NZD to ETB Historical Review

YEARLY HIGH

21.5142 ETB

YEARLY LOW

18.2269 ETB

YEARLY AVERAGE

19.2491 ETB

2019 NZD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 21.5142. Conversely, the yearly low was recorded on October 1, dropping to 18.2269.

This high-to-low spread represents a total annual volatility of 3.2873 ETB. From a start-to-finish perspective, comparing the January average rate of 19.2308 to the December average rate of 20.7847, the exchange rate registered a net change of 8.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.5142 was up 5.50% compared to the 2018 peak of 20.3932, 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 107,571 ETB

2018 Average 95,745 ETB

Yearly Trough Low 91,134 ETB

Transaction Impact: A difference of 16,436.63 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

21.0008

18.4072

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 19.2674, compared to 19.2309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0365 points.

H1 Avg (Jan–Jun) 19.2674

H2 Avg (Jul–Dec) 19.2309

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.8340 ETB (High: 21.5142 / Low: 19.6802). On the other end, May was the most stable month, with a tight range of 0.5230 ETB (High: 19.2704 / Low: 18.7473).

December Spread (Volatile) ±1.8340

May Spread (Stable) ±0.5230

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.5755 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 20.7847) against the same month in 2018 (average: 19.1876), the exchange rate shifted by +1.5971 (+8.32%).

2019 Avg (December) 20.7847

2018 Avg (December) 19.1876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.5900	18.6921	19.2308
February	19.6845	19.1501	19.4597
March	19.7683	19.2266	19.5072
April	19.5577	18.9980	19.3289
May	19.2704	18.7473	18.9604
June	19.5610	18.7675	19.1172
July	19.6587	18.8531	19.3397
August	19.0394	18.3040	18.7643
September	18.9208	18.3754	18.6233
October	19.1019	18.2269	18.7382
November	19.6551	18.8200	19.1351
December	21.5142	19.6802	20.7847