2011 ETB to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 ETB to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the ETB to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 168.6142. Conversely, the yearly low was recorded on July 4, dropping to 113.5778.
This high-to-low spread represents a total annual volatility of 55.0364 MGA. From a start-to-finish perspective, comparing the January average rate of 164.3787 to the December average rate of 124.0741, the exchange rate registered a net change of -24.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 168.6142 was down 16.37% compared to the 2010 peak of 201.6278, 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 2011.
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 138.8480, compared to 119.4183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.4298 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 41.7467 MGA (High: 156.7937 / Low: 115.0470). On the other end, November was the most stable month, with a tight range of 1.8846 MGA (High: 123.6553 / Low: 121.7707).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 34.5874 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 164.3787) against the same month in 2010 (average: 188.2798), the exchange rate shifted by -23.9011 (-12.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 168.6142 | 160.4959 | 164.3787 |
| February | 160.4983 | 156.6549 | 158.4006 |
| March | 157.4973 | 155.3881 | 156.7956 |
| April | 156.7937 | 115.0470 | 122.2082 |
| May | 117.8078 | 115.5223 | 116.5012 |
| June | 115.7997 | 113.7332 | 114.8040 |
| July | 116.6801 | 113.5778 | 115.2181 |
| August | 116.7106 | 113.8367 | 114.9041 |
| September | 121.1768 | 113.7931 | 117.3822 |
| October | 123.8089 | 117.0011 | 122.1695 |
| November | 123.6553 | 121.7707 | 122.7618 |
| December | 129.2251 | 120.7156 | 124.0741 |