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2010 SRD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the SRD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 4.6906. Conversely, the yearly low was recorded on May 17, dropping to 3.7755.
This high-to-low spread represents a total annual volatility of 0.9151 ETB. From a start-to-finish perspective, comparing the January average rate of 3.9688 to the December average rate of 4.6707, the exchange rate registered a net change of 17.68% (reflecting a strengthening trend).
Comparing the value generated converting 5,000 SRD based on timing:
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SRD 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: JanâJun) was 4.0485, compared to 4.4804 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.4319 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was September, with a trading range of 0.5169 ETB (High: 4.6626 / Low: 4.1457). On the other end, July was the most stable month, with a tight range of 0.0197 ETB (High: 4.1476 / Low: 4.1279).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0275 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 4.6707.
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| Month | High | Low | Average |
|---|---|---|---|
| January | 3.9833 | 3.9374 | 3.9688 |
| February | 4.0712 | 3.9637 | 3.9921 |
| March | 4.1506 | 4.0496 | 4.0877 |
| April | 4.1478 | 4.0424 | 4.0785 |
| May | 4.2389 | 3.7755 | 4.0511 |
| June | 4.1386 | 4.0152 | 4.1126 |
| July | 4.1476 | 4.1279 | 4.1363 |
| August | 4.1536 | 4.0026 | 4.1368 |
| September | 4.6626 | 4.1457 | 4.6178 |
| October | 4.6692 | 4.5353 | 4.6501 |
| November | 4.6813 | 4.6613 | 4.6707 |
| December | 4.6906 | 4.5567 | 4.6707 |