YEARLY HIGH
2.3378 ETB
YEARLY LOW
2.0580 ETB
YEARLY AVERAGE
2.1355 ETB

2019 SCR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SCR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 2.3378. Conversely, the yearly low was recorded on March 3, dropping to 2.0580.

This high-to-low spread represents a total annual volatility of 0.2798 ETB. From a start-to-finish perspective, comparing the January average rate of 2.0776 to the December average rate of 2.2982, the exchange rate registered a net change of 10.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3378 was up 12.13% compared to the 2018 peak of 2.0850, 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 11,689 ETB
2018 Average 10,160 ETB
Yearly Trough Low 10,290 ETB
Transaction Impact: A difference of 1,398.79 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.3203
2.0556
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 2.0961, compared to 2.1750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0789 points.

H1 Avg (Jan–Jun) 2.0961
H2 Avg (Jul–Dec) 2.1750

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2635 ETB (High: 2.3378 / Low: 2.0743). On the other end, February was the most stable month, with a tight range of 0.0262 ETB (High: 2.0932 / Low: 2.0670).

August Spread (Volatile) ±0.2635
February Spread (Stable) ±0.0262

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0024 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.1476) against the same month in 2018 (average: 2.0337), the exchange rate shifted by +0.1138 (+5.60%).

2019 Avg (August) 2.1476
2018 Avg (August) 2.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0893 2.0600 2.0776
February 2.0932 2.0670 2.0818
March 2.0977 2.0580 2.0844
April 2.1147 2.0609 2.1020
May 2.1286 2.0949 2.1124
June 2.1319 2.0982 2.1181
July 2.1352 2.0740 2.1184
August 2.3378 2.0743 2.1476
September 2.1559 2.1186 2.1452
October 2.1682 2.1315 2.1552
November 2.2887 2.1050 2.1855
December 2.3328 2.2196 2.2982