2021 ERN to DJF Historical Review

YEARLY HIGH

179.2616 DJF

YEARLY LOW

176.6798 DJF

YEARLY AVERAGE

178.0244 DJF

2021 ERN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ERN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 179.2616. Conversely, the yearly low was recorded on May 8, dropping to 176.6798.

This high-to-low spread represents a total annual volatility of 2.5818 DJF. From a start-to-finish perspective, comparing the January average rate of 178.1700 to the December average rate of 178.0535, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 179.2616 was up 0.40% compared to the 2020 peak of 178.5432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 896,308 DJF

2020 Average 890,131 DJF

Yearly Trough Low 883,399 DJF

Transaction Impact: A difference of 12,908.94 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

178.1926

177.9215

JanuMarcMayJulySeptNove

ERN to DJF 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 178.0349, compared to 178.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 178.0349

H2 Avg (Jul–Dec) 178.0139

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 2.2312 DJF (High: 178.9109 / Low: 176.6798). On the other end, September was the most stable month, with a tight range of 0.1362 DJF (High: 178.0994 / Low: 177.9632).

May Spread (Volatile) ±2.2312

September Spread (Stable) ±0.1362

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1306 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 178.0535) against the same month in 2020 (average: 178.0320), the exchange rate shifted by +0.0215 (+0.01%).

2021 Avg (December) 178.0535

2020 Avg (December) 178.0320

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	178.9021	177.8702	178.1700
February	178.3179	177.9366	178.0394
March	178.2048	177.4831	178.0023
April	178.1984	177.4385	177.9562
May	178.9109	176.6798	178.0068
June	178.1426	177.9638	178.0349
July	178.0832	177.4547	177.9441
August	178.6564	177.7720	178.0419
September	178.0994	177.9632	178.0195
October	178.0595	177.7399	178.0006
November	178.3106	177.9161	178.0237
December	179.2616	177.2779	178.0535