YEARLY HIGH
14.4024 ETB
YEARLY LOW
2.4966 ETB
YEARLY AVERAGE
2.8211 ETB

2021 EGP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 14.4024. Conversely, the yearly low was recorded on January 2, dropping to 2.4966.

This high-to-low spread represents a total annual volatility of 11.9059 ETB. From a start-to-finish perspective, comparing the January average rate of 2.5083 to the December average rate of 3.4582, the exchange rate registered a net change of 37.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 14.4024 was up 471.82% compared to the 2020 peak of 2.5187, 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 72,012 ETB
2020 Average 11,056 ETB
Yearly Trough Low 12,483 ETB
Transaction Impact: A difference of 59,529.26 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.5532
2.4133
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 2.6302, compared to 3.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3819 points.

H1 Avg (Jan–Jun) 2.6302
H2 Avg (Jul–Dec) 3.0121

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 11.3572 ETB (High: 14.4024 / Low: 3.0452). On the other end, January was the most stable month, with a tight range of 0.0306 ETB (High: 2.5271 / Low: 2.4966).

December Spread (Volatile) ±11.3572
January Spread (Stable) ±0.0306

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.4582) against the same month in 2020 (average: 2.4669), the exchange rate shifted by +0.9913 (+40.19%).

2021 Avg (December) 3.4582
2020 Avg (December) 2.4669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5271 2.4966 2.5083
February 2.5787 2.5070 2.5429
March 2.6311 2.5575 2.5784
April 2.6846 2.6110 2.6533
May 2.7734 2.6721 2.7215
June 2.8006 2.7470 2.7765
July 2.8259 2.7827 2.8089
August 2.9080 2.8120 2.8742
September 2.9608 2.8978 2.9323
October 3.0110 2.9389 2.9766
November 3.0646 3.0047 3.0223
December 14.4024 3.0452 3.4582