2021 ETB to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ETB to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ETB to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 22.9162. Conversely, the yearly low was recorded on December 27, dropping to 3.9752.
This high-to-low spread represents a total annual volatility of 18.9410 KPW. From a start-to-finish perspective, comparing the January average rate of 22.8336 to the December average rate of 18.0433, the exchange rate registered a net change of -20.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 22.9162 was down 19.40% compared to the 2020 peak of 28.4307, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ETB to KPW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.8451, compared to 19.3566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4885 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 14.8354 KPW (High: 18.8106 / Low: 3.9752). On the other end, January was the most stable month, with a tight range of 0.1745 KPW (High: 22.9162 / Low: 22.7417).
Growth Streaks & Declines
TrendsNo 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 0.8995 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 22.8336) against the same month in 2020 (average: 28.0736), the exchange rate shifted by -5.2400 (-18.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.9162 | 22.7417 | 22.8336 |
| February | 22.8484 | 22.3103 | 22.5940 |
| March | 22.4299 | 21.7778 | 22.2291 |
| April | 21.9429 | 21.4103 | 21.6149 |
| May | 21.4929 | 20.6758 | 21.1082 |
| June | 20.8817 | 20.5127 | 20.6908 |
| July | 20.6253 | 20.2785 | 20.4260 |
| August | 20.3851 | 19.7139 | 19.9449 |
| September | 19.7751 | 19.3470 | 19.5386 |
| October | 19.4805 | 19.0152 | 19.2442 |
| November | 19.0476 | 18.6834 | 18.9428 |
| December | 18.8106 | 3.9752 | 18.0433 |