2011 ETB to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 ETB to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the ETB to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1493.5333. Conversely, the yearly low was recorded on May 1, dropping to 981.7500.
This high-to-low spread represents a total annual volatility of 511.7833 STD. From a start-to-finish perspective, comparing the January average rate of 1444.8161 to the December average rate of 1073.8782, the exchange rate registered a net change of -25.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 1493.5333 was down 18.57% compared to the 2010 peak of 1834.0386, 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 STD 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 1219.6847, compared to 1036.6310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 183.0536 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 374.6055 STD (High: 1356.3555 / Low: 981.7500). On the other end, July was the most stable month, with a tight range of 25.2310 STD (High: 1022.7038 / Low: 997.4727).
Growth Streaks & Declines
TrendsBetween August and October, 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 March and April, when the average rate fell by 313.3973 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 1444.8161) against the same month in 2010 (average: 1521.6557), the exchange rate shifted by -76.8396 (-5.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1493.5333 | 1403.8458 | 1444.8161 |
| February | 1429.8479 | 1389.0082 | 1412.1182 |
| March | 1394.9048 | 1349.0076 | 1372.5166 |
| April | 1356.3555 | 981.7500 | 1059.1192 |
| May | 1036.1852 | 981.7500 | 1018.3783 |
| June | 1020.7479 | 992.6172 | 1011.1595 |
| July | 1022.7038 | 997.4727 | 1009.9394 |
| August | 1027.9243 | 993.6574 | 1007.9013 |
| September | 1058.0028 | 997.6428 | 1028.1671 |
| October | 1080.8228 | 1018.8368 | 1050.5259 |
| November | 1067.8818 | 1022.6465 | 1049.3742 |
| December | 1089.9844 | 1053.4311 | 1073.8782 |