YEARLY HIGH
0.0621 ETB
YEARLY LOW
0.0546 ETB
YEARLY AVERAGE
0.0567 ETB

2019 SYP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SYP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0621. Conversely, the yearly low was recorded on January 1, dropping to 0.0546.

This high-to-low spread represents a total annual volatility of 0.0075 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0551 to the December average rate of 0.0611, the exchange rate registered a net change of 11.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0621 was up 12.38% compared to the 2018 peak of 0.0552, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 310 ETB
2018 Average 269 ETB
Yearly Trough Low 273 ETB
Transaction Impact: A difference of 37.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0617
0.0545
JanuMarcMayJulySeptNove

SYP 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 0.0557, compared to 0.0577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0557
H2 Avg (Jul–Dec) 0.0577

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0030 ETB (High: 0.0621 / Low: 0.0591). On the other end, March was the most stable month, with a tight range of 0.0006 ETB (High: 0.0557 / Low: 0.0550).

December Spread (Volatile) ±0.0030
March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0611) against the same month in 2018 (average: 0.0548), the exchange rate shifted by +0.0064 (+11.66%).

2019 Avg (December) 0.0611
2018 Avg (December) 0.0548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0554 0.0546 0.0551
February 0.0555 0.0548 0.0553
March 0.0557 0.0550 0.0554
April 0.0562 0.0555 0.0559
May 0.0565 0.0556 0.0561
June 0.0566 0.0557 0.0562
July 0.0565 0.0552 0.0562
August 0.0574 0.0559 0.0566
September 0.0574 0.0564 0.0570
October 0.0578 0.0568 0.0574
November 0.0594 0.0571 0.0581
December 0.0621 0.0591 0.0611