2021 ETB to CDF Historical Review

YEARLY HIGH

50.2412 CDF

YEARLY LOW

8.8418 CDF

YEARLY AVERAGE

45.5650 CDF

2021 ETB to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 50.2412. Conversely, the yearly low was recorded on December 27, dropping to 8.8418.

This high-to-low spread represents a total annual volatility of 41.3994 CDF. From a start-to-finish perspective, comparing the January average rate of 50.0706 to the December average rate of 40.1059, the exchange rate registered a net change of -19.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 50.2412 was down 11.12% compared to the 2020 peak of 56.5271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 251,206 CDF

2020 Average 264,821 CDF

Yearly Trough Low 44,209 CDF

Transaction Impact: A difference of 206,997.04 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

51.0670

39.1094

JanuMarcMayJulySeptNove

ETB to CDF 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 48.2082, compared to 42.9217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2865 points.

H1 Avg (Jan–Jun) 48.2082

H2 Avg (Jul–Dec) 42.9217

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 32.9819 CDF (High: 41.8237 / Low: 8.8418). On the other end, January was the most stable month, with a tight range of 0.4348 CDF (High: 50.2139 / Low: 49.7791).

December Spread (Volatile) ±32.9819

January Spread (Stable) ±0.4348

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.0862 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -2.0862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 49.7188) against the same month in 2020 (average: 52.6678), the exchange rate shifted by -2.9490 (-5.60%).

2021 Avg (February) 49.7188

2020 Avg (February) 52.6678

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.2139	49.7791	50.0706
February	50.2412	49.0703	49.7188
March	49.7445	47.6220	49.0953
April	48.4951	47.2604	47.7829
May	47.7143	45.6929	46.8078
June	46.2341	45.3008	45.7740
July	45.7107	44.7959	45.2123
August	45.1731	43.4729	44.0646
September	43.6468	42.8091	43.2272
October	43.3520	41.9748	42.7281
November	42.5397	41.5259	42.1921
December	41.8237	8.8418	40.1059