YEARLY HIGH
106.8594 ETB
YEARLY LOW
19.2125 ETB
YEARLY AVERAGE
21.3887 ETB

2021 FJD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 106.8594. Conversely, the yearly low was recorded on February 2, dropping to 19.2125.

This high-to-low spread represents a total annual volatility of 87.6469 ETB. From a start-to-finish perspective, comparing the January average rate of 19.3576 to the December average rate of 25.5366, the exchange rate registered a net change of 31.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 106.8594 was up 453.94% compared to the 2020 peak of 19.2909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 534,297 ETB
2020 Average 80,800 ETB
Yearly Trough Low 96,062 ETB
Transaction Impact: A difference of 438,234.56 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

26.1545
18.7397
JanuMarcMayJulySeptNove

FJD to ETB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 20.2194, compared to 22.5581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3387 points.

H1 Avg (Jan–Jun) 20.2194
H2 Avg (Jul–Dec) 22.5581

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 84.4157 ETB (High: 106.8594 / Low: 22.4437). On the other end, July was the most stable month, with a tight range of 0.2815 ETB (High: 21.2940 / Low: 21.0125).

December Spread (Volatile) ±84.4157
July Spread (Stable) ±0.2815

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0332 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 25.5366) against the same month in 2020 (average: 18.8199), the exchange rate shifted by +6.7167 (+35.69%).

2021 Avg (December) 25.5366
2020 Avg (December) 18.8199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.6059 19.2274 19.3576
February 20.1414 19.2125 19.6298
March 20.3986 19.3346 19.7959
April 20.7272 19.8265 20.3285
May 21.4546 20.6428 20.9910
June 21.4514 20.9695 21.2132
July 21.2940 21.0125 21.1801
August 21.8411 21.1867 21.5621
September 22.2700 21.8325 22.0751
October 22.9172 21.7873 22.3736
November 22.9054 22.3140 22.6208
December 106.8594 22.4437 25.5366