2018 QAR to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 QAR to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the QAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 7.8132. Conversely, the yearly low was recorded on January 20, dropping to 7.5050.
This high-to-low spread represents a total annual volatility of 0.3082 ETB. From a start-to-finish perspective, comparing the January average rate of 7.5415 to the December average rate of 7.7325, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 7.8132 was up 3.37% compared to the 2017 peak of 7.5584, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
QAR to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.5534, compared to 7.6438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0904 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.2077 ETB (High: 7.8132 / Low: 7.6055). On the other end, May was the most stable month, with a tight range of 0.0206 ETB (High: 7.5702 / Low: 7.5496).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 7.7325) against the same month in 2017 (average: 7.4582), the exchange rate shifted by +0.2743 (+3.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.5760 | 7.5050 | 7.5415 |
| February | 7.5735 | 7.5169 | 7.5531 |
| March | 7.5709 | 7.5217 | 7.5516 |
| April | 7.5721 | 7.5143 | 7.5473 |
| May | 7.5702 | 7.5496 | 7.5580 |
| June | 7.5840 | 7.5300 | 7.5689 |
| July | 7.6270 | 7.5110 | 7.5723 |
| August | 7.6227 | 7.5714 | 7.5933 |
| September | 7.6790 | 7.5609 | 7.6148 |
| October | 7.7175 | 7.5867 | 7.6584 |
| November | 7.7314 | 7.6391 | 7.6918 |
| December | 7.8132 | 7.6055 | 7.7325 |