2021 ETB to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ETB to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ETB to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 53.1746. Conversely, the yearly low was recorded on December 27, dropping to 11.0975.
This high-to-low spread represents a total annual volatility of 42.0771 SYP. From a start-to-finish perspective, comparing the January average rate of 13.0116 to the December average rate of 50.3708, the exchange rate registered a net change of 287.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 53.1746 was up 226.88% compared to the 2020 peak of 16.2674, 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 SYP 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 22.0794, compared to 32.9922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.9128 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 41.4154 SYP (High: 52.5129 / Low: 11.0975). On the other end, January was the most stable month, with a tight range of 0.0995 SYP (High: 13.0575 / Low: 12.9580).
Growth Streaks & Declines
TrendsBetween February and April, 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 April and May, when the average rate fell by 0.7077 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 36.9858) against the same month in 2020 (average: 13.5424), the exchange rate shifted by +23.4434 (+173.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.0575 | 12.9580 | 13.0116 |
| February | 13.0180 | 12.7094 | 12.8731 |
| March | 31.3166 | 12.4085 | 17.9757 |
| April | 30.6624 | 29.9178 | 30.2037 |
| May | 30.0337 | 28.8914 | 29.4960 |
| June | 29.1785 | 28.6708 | 28.9163 |
| July | 28.8271 | 28.3283 | 28.5420 |
| August | 28.4802 | 27.5491 | 27.8701 |
| September | 27.6343 | 27.0312 | 27.3007 |
| October | 27.2182 | 26.5619 | 26.8837 |
| November | 53.1746 | 26.4373 | 36.9858 |
| December | 52.5129 | 11.0975 | 50.3708 |