YEARLY HIGH
2.5103 ETB
YEARLY LOW
1.8139 ETB
YEARLY AVERAGE
2.2846 ETB

2011 BOB to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BOB to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.5103. Conversely, the yearly low was recorded on January 4, dropping to 1.8139.

This high-to-low spread represents a total annual volatility of 0.6964 ETB. From a start-to-finish perspective, comparing the January average rate of 1.8212 to the December average rate of 2.5019, the exchange rate registered a net change of 37.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.5103 was up 37.38% compared to the 2010 peak of 1.8273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,552 ETB
2010 Average 8,288 ETB
Yearly Trough Low 9,070 ETB
Transaction Impact: A difference of 3,482.05 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.5700
1.7528
JanuMarcMayJulySeptNove

BOB 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 2.1051, compared to 2.4641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3589 points.

H1 Avg (Jan–Jun) 2.1051
H2 Avg (Jul–Dec) 2.4641

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.5919 ETB (High: 2.4300 / Low: 1.8380). On the other end, March was the most stable month, with a tight range of 0.0164 ETB (High: 1.8380 / Low: 1.8216).

April Spread (Volatile) ±0.5919
March Spread (Stable) ±0.0164

Growth Streaks & Declines

Trends

Between February and September, 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 September and October, when the average rate fell by 0.0084 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.5019) against the same month in 2010 (average: 1.8191), the exchange rate shifted by +0.6829 (+37.54%).

2011 Avg (December) 2.5019
2010 Avg (December) 1.8191

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8313 1.8139 1.8212
February 1.8329 1.8161 1.8209
March 1.8380 1.8216 1.8275
April 2.4300 1.8380 2.3246
May 2.4445 2.3994 2.4092
June 2.4619 2.4020 2.4275
July 2.4738 2.4191 2.4396
August 2.4924 2.4274 2.4526
September 2.4907 2.4354 2.4610
October 2.4907 2.4411 2.4526
November 2.5040 2.4442 2.4766
December 2.5103 2.4913 2.5019