YEARLY HIGH
0.0043 ETB
YEARLY LOW
0.0031 ETB
YEARLY AVERAGE
0.0037 ETB

2019 SLL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SLL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0043. Conversely, the yearly low was recorded on August 27, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0012 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0042, the exchange rate registered a net change of 24.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0043 was down 3.09% compared to the 2018 peak of 0.0044, 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 21 ETB
2018 Average 18 ETB
Yearly Trough Low 15 ETB
Transaction Impact: A difference of 5.91 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0043
0.0033
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 0.0034, compared to 0.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0039

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0010 ETB (High: 0.0041 / Low: 0.0031). On the other end, March was the most stable month, with a tight range of 0.0000 ETB (High: 0.0034 / Low: 0.0034).

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

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0042) against the same month in 2018 (average: 0.0034), the exchange rate shifted by +0.0008 (+25.28%).

2019 Avg (December) 0.0042
2018 Avg (December) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0034 0.0033 0.0034
February 0.0034 0.0034 0.0034
March 0.0034 0.0034 0.0034
April 0.0034 0.0034 0.0034
May 0.0035 0.0034 0.0034
June 0.0041 0.0033 0.0035
July 0.0041 0.0040 0.0041
August 0.0041 0.0031 0.0036
September 0.0040 0.0031 0.0036
October 0.0040 0.0040 0.0040
November 0.0041 0.0040 0.0040
December 0.0043 0.0041 0.0042