2011 FKP to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
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.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |