YEARLY HIGH
1.8671 INR
YEARLY LOW
0.3312 INR
YEARLY AVERAGE
1.6910 INR

2021 ETB to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.8671. Conversely, the yearly low was recorded on December 27, dropping to 0.3312.

This high-to-low spread represents a total annual volatility of 1.5359 INR. From a start-to-finish perspective, comparing the January average rate of 1.8549 to the December average rate of 1.5121, the exchange rate registered a net change of -18.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8671 was down 20.62% compared to the 2020 peak of 2.3522, 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 9,335 INR
2020 Average 10,646 INR
Yearly Trough Low 1,656 INR
Transaction Impact: A difference of 7,679.41 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8891
1.4778
JanuMarcMayJulySeptNove

ETB to INR 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 1.7798, compared to 1.6022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1776 points.

H1 Avg (Jan–Jun) 1.7798
H2 Avg (Jul–Dec) 1.6022

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.2410 INR (High: 1.5722 / Low: 0.3312). On the other end, January was the most stable month, with a tight range of 0.0199 INR (High: 1.8671 / Low: 1.8472).

December Spread (Volatile) ±1.2410
January Spread (Stable) ±0.0199

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 April and May, when the average rate fell by 0.0719 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.8549) against the same month in 2020 (average: 2.2231), the exchange rate shifted by -0.3682 (-16.56%).

2021 Avg (January) 1.8549
2020 Avg (January) 2.2231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8671 1.8472 1.8549
February 1.8519 1.7993 1.8284
March 1.8223 1.7522 1.7977
April 1.8140 1.7629 1.7886
May 1.7593 1.6653 1.7167
June 1.7123 1.6730 1.6924
July 1.7069 1.6730 1.6913
August 1.6804 1.5992 1.6425
September 1.6074 1.5842 1.5978
October 1.6210 1.5813 1.6020
November 1.5884 1.5467 1.5676
December 1.5722 0.3312 1.5121