YEARLY HIGH
28.1675 ETB
YEARLY LOW
19.6892 ETB
YEARLY AVERAGE
25.5238 ETB

2011 FKP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 28.1675. Conversely, the yearly low was recorded on January 6, dropping to 19.6892.

This high-to-low spread represents a total annual volatility of 8.4783 ETB. From a start-to-finish perspective, comparing the January average rate of 20.0708 to the December average rate of 26.9183, the exchange rate registered a net change of 34.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 28.1675 was up 36.71% compared to the 2010 peak of 20.6042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 140,838 ETB
2010 Average 89,847 ETB
Yearly Trough Low 98,446 ETB
Transaction Impact: A difference of 42,391.69 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

28.6769
19.2884
JanuMarcMayJulySeptNove

FKP 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 23.8132, compared to 27.2345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4213 points.

H1 Avg (Jan–Jun) 23.8132
H2 Avg (Jul–Dec) 27.2345

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 7.5540 ETB (High: 28.1310 / Low: 20.5770). On the other end, February was the most stable month, with a tight range of 0.3445 ETB (High: 20.7472 / Low: 20.4027).

April Spread (Volatile) ±7.5540
February Spread (Stable) ±0.3445

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.8785 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 27.8945) against the same month in 2010 (average: 17.5942), the exchange rate shifted by +10.3004 (+58.54%).

2011 Avg (August) 27.8945
2010 Avg (August) 17.5942

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.3679 19.6892 20.0708
February 20.7472 20.4027 20.5698
March 20.9506 20.4504 20.6497
April 28.1310 20.5770 26.6562
May 28.0598 27.2155 27.5276
June 27.7231 27.0525 27.4051
July 27.8989 26.9566 27.4350
August 28.1675 27.5835 27.8945
September 27.6875 26.2959 27.0161
October 27.6187 26.3038 27.0006
November 27.5057 26.5867 27.1422
December 27.0904 26.6199 26.9183