2010 ETB to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 ETB to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the ETB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 201.6278. Conversely, the yearly low was recorded on November 7, dropping to 155.4488.
This high-to-low spread represents a total annual volatility of 46.1790 MGA. From a start-to-finish perspective, comparing the January average rate of 188.2798 to the December average rate of 165.9660, the exchange rate registered a net change of -11.85% (reflecting a weakening trend).
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
ETB to MGA 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 190.9238, compared to 171.7249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.1989 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was September, with a trading range of 22.1020 MGA (High: 180.3846 / Low: 158.2826). On the other end, October was the most stable month, with a tight range of 2.1181 MGA (High: 158.6807 / Low: 156.5627).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 30.8567 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 198.5895.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 195.7513 | 182.2158 | 188.2798 |
| February | 201.6278 | 195.1455 | 198.5895 |
| March | 196.3360 | 185.3541 | 192.5572 |
| April | 189.6371 | 180.3943 | 185.5168 |
| May | 189.5850 | 178.9979 | 185.4413 |
| June | 201.2091 | 190.0020 | 195.1581 |
| July | 201.2091 | 192.8943 | 196.4948 |
| August | 196.6568 | 180.3461 | 191.8278 |
| September | 180.3846 | 158.2826 | 160.9712 |
| October | 158.6807 | 156.5627 | 157.9379 |
| November | 159.6453 | 155.4488 | 157.1516 |
| December | 169.1715 | 158.7580 | 165.9660 |