YEARLY HIGH
2.0850 ETB
YEARLY LOW
1.9342 ETB
YEARLY AVERAGE
2.0321 ETB

2018 SCR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SCR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.0850. Conversely, the yearly low was recorded on January 15, dropping to 1.9342.

This high-to-low spread represents a total annual volatility of 0.1507 ETB. From a start-to-finish perspective, comparing the January average rate of 1.9733 to the December average rate of 2.0620, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0850 was up 0.70% compared to the 2017 peak of 2.0706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,425 ETB
2017 Average 8,819 ETB
Yearly Trough Low 9,671 ETB
Transaction Impact: A difference of 753.67 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0709
1.9645
JanuMarcMayJulySeptNove

SCR 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 2.0214, compared to 2.0427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 2.0214
H2 Avg (Jul–Dec) 2.0427

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1194 ETB (High: 2.0556 / Low: 1.9362). On the other end, August was the most stable month, with a tight range of 0.0190 ETB (High: 2.0423 / Low: 2.0232).

September Spread (Volatile) ±0.1194
August Spread (Stable) ±0.0190

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.0620) against the same month in 2017 (average: 1.9644), the exchange rate shifted by +0.0977 (+4.97%).

2018 Avg (December) 2.0620
2017 Avg (December) 1.9644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0103 1.9342 1.9733
February 2.0703 1.9684 2.0202
March 2.0491 1.9459 2.0158
April 2.0491 1.9955 2.0395
May 2.0492 1.9600 2.0398
June 2.0541 2.0314 2.0398
July 2.0510 2.0192 2.0353
August 2.0423 2.0232 2.0337
September 2.0556 1.9362 2.0314
October 2.0601 2.0047 2.0428
November 2.0637 2.0263 2.0509
December 2.0850 2.0325 2.0620