2021 ETB to TOP Historical Review

YEARLY HIGH

0.0585 TOP

YEARLY LOW

0.0101 TOP

YEARLY AVERAGE

0.0519 TOP

2021 ETB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0585. Conversely, the yearly low was recorded on December 27, dropping to 0.0101.

This high-to-low spread represents a total annual volatility of 0.0485 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0579 to the December average rate of 0.0458, the exchange rate registered a net change of -20.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0585 was down 20.42% compared to the 2020 peak of 0.0736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 293 TOP

2020 Average 331 TOP

Yearly Trough Low 50 TOP

Transaction Impact: A difference of 242.38 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0591

0.0446

JanuMarcMayJulySeptNove

ETB to TOP 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 0.0551, compared to 0.0486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.0551

H2 Avg (Jul–Dec) 0.0486

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0377 TOP (High: 0.0477 / Low: 0.0101). On the other end, July was the most stable month, with a tight range of 0.0007 TOP (High: 0.0517 / Low: 0.0510).

December Spread (Volatile) ±0.0377

July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0019 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0576) against the same month in 2020 (average: 0.0722), the exchange rate shifted by -0.0145 (-20.15%).

2021 Avg (February) 0.0576

2020 Avg (February) 0.0722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0583	0.0573	0.0579
February	0.0585	0.0563	0.0576
March	0.0572	0.0549	0.0563
April	0.0559	0.0538	0.0547
May	0.0539	0.0513	0.0528
June	0.0518	0.0509	0.0514
July	0.0517	0.0510	0.0512
August	0.0511	0.0495	0.0502
September	0.0495	0.0484	0.0489
October	0.0491	0.0472	0.0482
November	0.0482	0.0471	0.0475
December	0.0477	0.0101	0.0458

૨૦૨૫ ETB થી TOP ઐતિહાસિક સમીક્ષા