2021 GMD to ETB Historical Review

YEARLY HIGH

4.3124 ETB

YEARLY LOW

0.7594 ETB

YEARLY AVERAGE

0.8592 ETB

2021 GMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 4.3124. Conversely, the yearly low was recorded on January 4, dropping to 0.7594.

This high-to-low spread represents a total annual volatility of 3.5531 ETB. From a start-to-finish perspective, comparing the January average rate of 0.7629 to the December average rate of 1.0348, the exchange rate registered a net change of 35.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.3124 was up 467.20% compared to the 2020 peak of 0.7603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,562 ETB

2020 Average 3,394 ETB

Yearly Trough Low 3,797 ETB

Transaction Impact: A difference of 17,765.37 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0620

0.7357

JanuMarcMayJulySeptNove

GMD 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 0.8041, compared to 0.9144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1104 points.

H1 Avg (Jan–Jun) 0.8041

H2 Avg (Jul–Dec) 0.9144

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.3994 ETB (High: 4.3124 / Low: 0.9131). On the other end, January was the most stable month, with a tight range of 0.0074 ETB (High: 0.7668 / Low: 0.7594).

December Spread (Volatile) ±3.3994

January Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.0348) against the same month in 2020 (average: 0.7478), the exchange rate shifted by +0.2870 (+38.38%).

2021 Avg (December) 1.0348

2020 Avg (December) 0.7478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7668	0.7594	0.7629
February	0.7871	0.7649	0.7747
March	0.8064	0.7819	0.7893
April	0.8217	0.8007	0.8141
May	0.8505	0.8179	0.8328
June	0.8582	0.8426	0.8505
July	0.8677	0.8531	0.8615
August	0.8920	0.8631	0.8823
September	0.9026	0.8850	0.8957
October	0.9102	0.8962	0.9023
November	0.9202	0.9017	0.9097
December	4.3124	0.9131	1.0348