YEARLY HIGH
0.0027 ETB
YEARLY LOW
0.0017 ETB
YEARLY AVERAGE
0.0023 ETB

2011 GNF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0027. Conversely, the yearly low was recorded on February 6, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0010 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0025, the exchange rate registered a net change of 41.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0027 was up 16.60% compared to the 2010 peak of 0.0023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13 ETB
2010 Average 11 ETB
Yearly Trough Low 8 ETB
Transaction Impact: A difference of 5.08 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0027
0.0016
JanuMarcMayJulySeptNove

GNF 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 0.0021, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0006 ETB (High: 0.0024 / Low: 0.0018). On the other end, July was the most stable month, with a tight range of 0.0000 ETB (High: 0.0026 / Low: 0.0025).

April Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and July, 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 September and October, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0026) against the same month in 2010 (average: 0.0021), the exchange rate shifted by +0.0004 (+20.87%).

2011 Avg (September) 0.0026
2010 Avg (September) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0017 0.0018
February 0.0018 0.0017 0.0017
March 0.0018 0.0017 0.0018
April 0.0024 0.0018 0.0023
May 0.0025 0.0023 0.0024
June 0.0026 0.0025 0.0025
July 0.0026 0.0025 0.0025
August 0.0026 0.0024 0.0025
September 0.0027 0.0025 0.0026
October 0.0026 0.0025 0.0025
November 0.0026 0.0025 0.0025
December 0.0026 0.0025 0.0025