YEARLY HIGH
0.1974 HKD
YEARLY LOW
0.0344 HKD
YEARLY AVERAGE
0.1779 HKD

2021 ETB to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1974. Conversely, the yearly low was recorded on December 27, dropping to 0.0344.

This high-to-low spread represents a total annual volatility of 0.1630 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1967 to the December average rate of 0.1564, the exchange rate registered a net change of -20.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1974 was down 19.53% compared to the 2020 peak of 0.2453, 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 987 HKD
2020 Average 1,114 HKD
Yearly Trough Low 172 HKD
Transaction Impact: A difference of 814.83 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2007
0.1523
JanuMarcMayJulySeptNove

ETB to HKD 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 0.1884, compared to 0.1674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 0.1884
H2 Avg (Jul–Dec) 0.1674

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1284 HKD (High: 0.1629 / Low: 0.0344). On the other end, January was the most stable month, with a tight range of 0.0015 HKD (High: 0.1974 / Low: 0.1959).

December Spread (Volatile) ±0.1284
January Spread (Stable) ±0.0015

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 0.0076 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1967) against the same month in 2020 (average: 0.2425), the exchange rate shifted by -0.0458 (-18.88%).

2021 Avg (January) 0.1967
2020 Avg (January) 0.2425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1974 0.1959 0.1967
February 0.1968 0.1922 0.1946
March 0.1936 0.1879 0.1918
April 0.1896 0.1847 0.1866
May 0.1855 0.1783 0.1821
June 0.1800 0.1770 0.1784
July 0.1780 0.1751 0.1763
August 0.1761 0.1704 0.1725
September 0.1709 0.1673 0.1689
October 0.1685 0.1644 0.1664
November 0.1651 0.1619 0.1640
December 0.1629 0.0344 0.1564