YEARLY HIGH
4.5374 DJF
YEARLY LOW
0.7869 DJF
YEARLY AVERAGE
4.0750 DJF

2021 ETB to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 4.5374. Conversely, the yearly low was recorded on December 27, dropping to 0.7869.

This high-to-low spread represents a total annual volatility of 3.7505 DJF. From a start-to-finish perspective, comparing the January average rate of 4.5203 to the December average rate of 3.5696, the exchange rate registered a net change of -21.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.5374 was down 19.31% compared to the 2020 peak of 5.6230, 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 22,687 DJF
2020 Average 25,569 DJF
Yearly Trough Low 3,934 DJF
Transaction Impact: A difference of 18,752.51 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.6154
3.4745
JanuMarcMayJulySeptNove

ETB 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 4.3213, compared to 3.8286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4928 points.

H1 Avg (Jan–Jun) 4.3213
H2 Avg (Jul–Dec) 3.8286

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.9326 DJF (High: 3.7195 / Low: 0.7869). On the other end, January was the most stable month, with a tight range of 0.0289 DJF (High: 4.5374 / Low: 4.5085).

December Spread (Volatile) ±2.9326
January Spread (Stable) ±0.0289

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 0.1774 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.1774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 4.5203) against the same month in 2020 (average: 5.5531), the exchange rate shifted by -1.0328 (-18.60%).

2021 Avg (January) 4.5203
2020 Avg (January) 5.5531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5374 4.5085 4.5203
February 4.5197 4.4118 4.4696
March 4.4361 4.3121 4.3965
April 4.3408 4.2345 4.2739
May 4.2445 4.0879 4.1749
June 4.1291 4.0590 4.0930
July 4.0692 4.0119 4.0385
August 4.0322 3.8971 3.9456
September 3.9119 3.8285 3.8647
October 3.8539 3.7620 3.8061
November 3.7677 3.6948 3.7470
December 3.7195 0.7869 3.5696