YEARLY HIGH
133.1782 ETB
YEARLY LOW
23.0912 ETB
YEARLY AVERAGE
26.0376 ETB

2021 AZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 133.1782. Conversely, the yearly low was recorded on January 5, dropping to 23.0912.

This high-to-low spread represents a total annual volatility of 110.0870 ETB. From a start-to-finish perspective, comparing the January average rate of 23.1725 to the December average rate of 31.9638, the exchange rate registered a net change of 37.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 133.1782 was up 476.21% compared to the 2020 peak of 23.1127, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 665,891 ETB
2020 Average 102,651 ETB
Yearly Trough Low 115,456 ETB
Transaction Impact: A difference of 550,435.23 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

32.8430
22.2933
JanuMarcMayJulySeptNove

AZN 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 24.2549, compared to 27.8203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5654 points.

H1 Avg (Jan–Jun) 24.2549
H2 Avg (Jul–Dec) 27.8203

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 105.0471 ETB (High: 133.1782 / Low: 28.1310). On the other end, January was the most stable month, with a tight range of 0.1771 ETB (High: 23.2683 / Low: 23.0912).

December Spread (Volatile) ±105.0471
January Spread (Stable) ±0.1771

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 31.9638) against the same month in 2020 (average: 22.7342), the exchange rate shifted by +9.2296 (+40.60%).

2021 Avg (December) 31.9638
2020 Avg (December) 22.7342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.2683 23.0912 23.1725
February 23.7183 23.1596 23.4221
March 24.2982 23.5918 23.8062
April 24.7152 24.1154 24.4822
May 25.5933 24.6203 25.0710
June 25.7968 25.3409 25.5753
July 26.0947 25.6560 25.9068
August 26.8421 25.9583 26.5332
September 27.3511 26.7589 27.0836
October 27.8283 27.1636 27.4989
November 28.3225 27.7810 27.9353
December 133.1782 28.1310 31.9638