2019 THB to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 THB to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the THB to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.0763. Conversely, the yearly low was recorded on January 1, dropping to 0.8691.
This high-to-low spread represents a total annual volatility of 0.2072 ETB. From a start-to-finish perspective, comparing the January average rate of 0.8918 to the December average rate of 1.0424, the exchange rate registered a net change of 16.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 1.0763 was up 21.60% compared to the 2018 peak of 0.8851, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 THB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
THB to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.9076, compared to 0.9761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0685 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 0.0744 ETB (High: 1.0763 / Low: 1.0019). On the other end, April was the most stable month, with a tight range of 0.0163 ETB (High: 0.9119 / Low: 0.8955).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0097 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 1.0424) against the same month in 2018 (average: 0.8621), the exchange rate shifted by +0.1803 (+20.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.9088 | 0.8691 | 0.8918 |
| February | 0.9180 | 0.9008 | 0.9094 |
| March | 0.9068 | 0.8899 | 0.8997 |
| April | 0.9119 | 0.8955 | 0.9041 |
| May | 0.9252 | 0.8994 | 0.9087 |
| June | 0.9500 | 0.9113 | 0.9318 |
| July | 0.9517 | 0.9259 | 0.9397 |
| August | 0.9682 | 0.9373 | 0.9498 |
| September | 0.9707 | 0.9501 | 0.9620 |
| October | 0.9876 | 0.9532 | 0.9736 |
| November | 1.0128 | 0.9724 | 0.9892 |
| December | 1.0763 | 1.0019 | 1.0424 |