YEARLY HIGH
2.8753 ETB
YEARLY LOW
2.1411 ETB
YEARLY AVERAGE
2.6751 ETB

2011 EGP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the EGP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.8753. Conversely, the yearly low was recorded on February 7, dropping to 2.1411.

This high-to-low spread represents a total annual volatility of 0.7342 ETB. From a start-to-finish perspective, comparing the January average rate of 2.1892 to the December average rate of 2.8655, the exchange rate registered a net change of 30.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.8753 was up 29.45% compared to the 2010 peak of 2.2211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,376 ETB
2010 Average 10,300 ETB
Yearly Trough Low 10,706 ETB
Transaction Impact: A difference of 3,670.87 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.9414
2.0860
JanuMarcMayJulySeptNove

EGP 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 2.4862, compared to 2.8639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3777 points.

H1 Avg (Jan–Jun) 2.4862
H2 Avg (Jul–Dec) 2.8639

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.6965 ETB (High: 2.8459 / Low: 2.1494). On the other end, October was the most stable month, with a tight range of 0.0071 ETB (High: 2.8718 / Low: 2.8647).

April Spread (Volatile) ±0.6965
October Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0197 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.8619) against the same month in 2010 (average: 1.9744), the exchange rate shifted by +0.8875 (+44.95%).

2011 Avg (August) 2.8619
2010 Avg (August) 1.9744

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1956 2.1752 2.1892
February 2.1767 2.1411 2.1695
March 2.1663 2.1454 2.1573
April 2.8459 2.1494 2.7314
May 2.8474 2.8126 2.8288
June 2.8500 2.8239 2.8409
July 2.8570 2.8410 2.8517
August 2.8753 2.8391 2.8619
September 2.8716 2.8513 2.8659
October 2.8718 2.8647 2.8683
November 2.8746 2.8647 2.8701
December 2.8709 2.8580 2.8655