YEARLY HIGH
260.9800 GNF
YEARLY LOW
41.5498 GNF
YEARLY AVERAGE
225.6589 GNF

2021 ETB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 260.9800. Conversely, the yearly low was recorded on December 27, dropping to 41.5498.

This high-to-low spread represents a total annual volatility of 219.4303 GNF. From a start-to-finish perspective, comparing the January average rate of 258.9323 to the December average rate of 188.7291, the exchange rate registered a net change of -27.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 260.9800 was down 13.24% compared to the 2020 peak of 300.8198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,304,900 GNF
2020 Average 1,380,483 GNF
Yearly Trough Low 207,749 GNF
Transaction Impact: A difference of 1,097,151.35 GNF purely based on transaction execution date.

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265.9526
181.7088
JanuMarcMayJulySeptNove

ETB to GNF 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 243.2476, compared to 208.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.1774 points.

H1 Avg (Jan–Jun) 243.2476
H2 Avg (Jul–Dec) 208.0702

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 156.3231 GNF (High: 197.8729 / Low: 41.5498). On the other end, June was the most stable month, with a tight range of 3.5512 GNF (High: 227.4170 / Low: 223.8659).

December Spread (Volatile) Âą156.3231
June Spread (Stable) Âą3.5512

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 11.8043 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -11.8043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 258.9323) against the same month in 2020 (average: 295.8539), the exchange rate shifted by -36.9216 (-12.48%).

2021 Avg (January) 258.9323
2020 Avg (January) 295.8539

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Month High Low Average
January 260.9800 252.8777 258.9323
February 260.4690 251.5140 255.3535
March 251.6071 243.4143 248.7000
April 244.0579 235.4947 239.4221
May 236.8998 225.1542 231.3673
June 227.4170 223.8659 225.7103
July 224.6178 220.1029 222.5747
August 221.3132 214.3039 216.7182
September 215.1240 210.2263 212.2565
October 211.4719 203.5381 207.6092
November 203.1732 197.2611 200.5335
December 197.8729 41.5498 188.7291