YEARLY HIGH
21.0792 ETB
YEARLY LOW
19.9579 ETB
YEARLY AVERAGE
20.5136 ETB

2018 SGD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 21.0792. Conversely, the yearly low was recorded on October 7, dropping to 19.9579.

This high-to-low spread represents a total annual volatility of 1.1213 ETB. From a start-to-finish perspective, comparing the January average rate of 20.7712 to the December average rate of 20.5663, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.0792 was up 2.98% compared to the 2017 peak of 20.4687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,396 ETB
2017 Average 86,926 ETB
Yearly Trough Low 99,790 ETB
Transaction Impact: A difference of 5,606.49 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

20.9803
20.1189
JanuMarcMayJulySeptNove

SGD 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 20.7309, compared to 20.2963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4347 points.

H1 Avg (Jan–Jun) 20.7309
H2 Avg (Jul–Dec) 20.2963

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.6219 ETB (High: 21.0792 / Low: 20.4573). On the other end, July was the most stable month, with a tight range of 0.2132 ETB (High: 20.3393 / Low: 20.1261).

January Spread (Volatile) ±0.6219
July Spread (Stable) ±0.2132

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.3337 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 20.7712) against the same month in 2017 (average: 15.7841), the exchange rate shifted by +4.9871 (+31.60%).

2018 Avg (January) 20.7712
2017 Avg (January) 15.7841

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.0792 20.4573 20.7712
February 21.0623 20.6561 20.8360
March 21.0595 20.7819 20.9085
April 21.0175 20.6744 20.8816
May 20.6743 20.4013 20.5479
June 20.6698 20.1355 20.4405
July 20.3393 20.1261 20.2318
August 20.3500 20.0195 20.1906
September 20.4927 19.9695 20.2212
October 20.3623 19.9579 20.2066
November 20.5205 20.1587 20.3610
December 20.8242 20.3286 20.5663