2019 QAR to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 QAR to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the QAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 8.7780. Conversely, the yearly low was recorded on January 1, dropping to 7.7181.
This high-to-low spread represents a total annual volatility of 1.0600 ETB. From a start-to-finish perspective, comparing the January average rate of 7.7887 to the December average rate of 8.6478, the exchange rate registered a net change of 11.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 8.7780 was up 12.35% compared to the 2018 peak of 7.8132, 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 2019.
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 7.8739, compared to 8.1698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2960 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 0.4243 ETB (High: 8.7780 / Low: 8.3538). On the other end, March was the most stable month, with a tight range of 0.0924 ETB (High: 7.8770 / Low: 7.7846).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 8.6478) against the same month in 2018 (average: 7.7325), the exchange rate shifted by +0.9154 (+11.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.8356 | 7.7181 | 7.7887 |
| February | 7.8548 | 7.7558 | 7.8200 |
| March | 7.8770 | 7.7846 | 7.8391 |
| April | 7.9439 | 7.8485 | 7.9088 |
| May | 7.9923 | 7.8716 | 7.9337 |
| June | 7.9978 | 7.8723 | 7.9529 |
| July | 8.0091 | 7.8447 | 7.9556 |
| August | 8.1104 | 7.9363 | 8.0113 |
| September | 8.1090 | 7.9952 | 8.0694 |
| October | 8.1811 | 8.0426 | 8.1178 |
| November | 8.4043 | 8.0855 | 8.2171 |
| December | 8.7780 | 8.3538 | 8.6478 |