2011 ETB to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 ETB to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the ETB to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 380.6010. Conversely, the yearly low was recorded on April 28, dropping to 275.2856.
This high-to-low spread represents a total annual volatility of 105.3154 ZMK. From a start-to-finish perspective, comparing the January average rate of 375.7104 to the December average rate of 297.7329, the exchange rate registered a net change of -20.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 380.6010 was down 19.08% compared to the 2010 peak of 470.3600, 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 ZMK 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 330.8234, compared to 290.7104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 40.1130 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 93.4756 ZMK (High: 368.7611 / Low: 275.2856). On the other end, May was the most stable month, with a tight range of 4.8700 ZMK (High: 284.4222 / Low: 279.5522).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 79.9879 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 375.7104) against the same month in 2010 (average: 422.0418), the exchange rate shifted by -46.3314 (-10.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 380.6010 | 372.6313 | 375.7104 |
| February | 380.4155 | 372.0968 | 375.5729 |
| March | 380.0068 | 366.0601 | 372.5611 |
| April | 368.7611 | 275.2856 | 292.5733 |
| May | 284.4222 | 279.5522 | 283.0131 |
| June | 288.4870 | 282.7089 | 285.5098 |
| July | 286.8548 | 281.8608 | 284.7992 |
| August | 293.8795 | 281.5013 | 289.7511 |
| September | 292.5762 | 281.7289 | 287.9876 |
| October | 295.4685 | 281.7289 | 290.0857 |
| November | 297.5309 | 288.9205 | 293.9060 |
| December | 300.4056 | 295.5001 | 297.7329 |