2021 BND to ETB Historical Review

YEARLY HIGH

166.7581 ETB

YEARLY LOW

29.4350 ETB

YEARLY AVERAGE

32.9428 ETB

2021 BND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 166.7581. Conversely, the yearly low was recorded on February 6, dropping to 29.4350.

This high-to-low spread represents a total annual volatility of 137.3231 ETB. From a start-to-finish perspective, comparing the January average rate of 29.7076 to the December average rate of 39.8887, the exchange rate registered a net change of 34.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 166.7581 was up 459.91% compared to the 2020 peak of 29.7831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 833,790 ETB

2020 Average 126,869 ETB

Yearly Trough Low 147,175 ETB

Transaction Impact: A difference of 686,615.39 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

40.9069

28.6895

JanuMarcMayJulySeptNove

BND 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 30.9610, compared to 34.9246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9637 points.

H1 Avg (Jan–Jun) 30.9610

H2 Avg (Jul–Dec) 34.9246

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 131.6780 ETB (High: 166.7581 / Low: 35.0801). On the other end, January was the most stable month, with a tight range of 0.3147 ETB (High: 29.8953 / Low: 29.5806).

December Spread (Volatile) ±131.6780

January Spread (Stable) ±0.3147

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 0.0767 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 39.8887) against the same month in 2020 (average: 29.0499), the exchange rate shifted by +10.8388 (+37.31%).

2021 Avg (December) 39.8887

2020 Avg (December) 29.0499

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.8953	29.5806	29.7076
February	30.6097	29.4350	30.0094
March	30.7679	29.7898	30.1706
April	31.7145	30.4566	31.1837
May	32.9146	31.4568	32.0736
June	32.9707	32.2741	32.6209
July	32.7781	32.2394	32.5442
August	33.9996	32.7157	33.3060
September	34.5425	33.7921	34.1899
October	35.1599	34.0008	34.6239
November	35.2236	34.4834	34.9951
December	166.7581	35.0801	39.8887