YEARLY HIGH
0.0044 ETB
YEARLY LOW
0.0033 ETB
YEARLY AVERAGE
0.0036 ETB

2018 SLL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SLL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0044. Conversely, the yearly low was recorded on August 25, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0011 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0034, the exchange rate registered a net change of -6.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0044 was up 6.88% compared to the 2017 peak of 0.0041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 ETB
2017 Average 16 ETB
Yearly Trough Low 16 ETB
Transaction Impact: A difference of 5.64 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0044
0.0032
JanuMarcMayJulySeptNove

SLL 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 0.0037, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0037
H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0010 ETB (High: 0.0043 / Low: 0.0033). On the other end, January was the most stable month, with a tight range of 0.0000 ETB (High: 0.0036 / Low: 0.0036).

August Spread (Volatile) ±0.0010
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 0.0043) against the same month in 2017 (average: 0.0031), the exchange rate shifted by +0.0012 (+39.33%).

2018 Avg (July) 0.0043
2017 Avg (July) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0036 0.0036 0.0036
February 0.0036 0.0036 0.0036
March 0.0036 0.0035 0.0036
April 0.0036 0.0035 0.0036
May 0.0036 0.0035 0.0035
June 0.0044 0.0035 0.0041
July 0.0044 0.0042 0.0043
August 0.0043 0.0033 0.0039
September 0.0033 0.0033 0.0033
October 0.0033 0.0033 0.0033
November 0.0034 0.0033 0.0033
December 0.0034 0.0033 0.0034