2021 ETB to ZAR Historical Review

YEARLY HIGH

0.3941 ZAR

YEARLY LOW

0.0686 ZAR

YEARLY AVERAGE

0.3382 ZAR

2021 ETB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.3941. Conversely, the yearly low was recorded on December 27, dropping to 0.0686.

This high-to-low spread represents a total annual volatility of 0.3255 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3836 to the December average rate of 0.3185, the exchange rate registered a net change of -16.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3941 was down 32.93% compared to the 2020 peak of 0.5876, 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 1,971 ZAR

2020 Average 2,367 ZAR

Yearly Trough Low 343 ZAR

Transaction Impact: A difference of 1,627.32 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3903

0.3098

JanuMarcMayJulySeptNove

ETB to ZAR 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 0.3535, compared to 0.3229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0305 points.

H1 Avg (Jan–Jun) 0.3535

H2 Avg (Jul–Dec) 0.3229

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2674 ZAR (High: 0.3360 / Low: 0.0686). On the other end, July was the most stable month, with a tight range of 0.0128 ZAR (High: 0.3359 / Low: 0.3231).

December Spread (Volatile) ±0.2674

July Spread (Stable) ±0.0128

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0237 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3836) against the same month in 2020 (average: 0.4494), the exchange rate shifted by -0.0658 (-14.65%).

2021 Avg (January) 0.3836

2020 Avg (January) 0.4494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3941	0.3705	0.3836
February	0.3815	0.3601	0.3708
March	0.3860	0.3588	0.3702
April	0.3567	0.3398	0.3465
May	0.3439	0.3152	0.3297
June	0.3315	0.3111	0.3201
July	0.3359	0.3231	0.3292
August	0.3388	0.3181	0.3278
September	0.3280	0.3072	0.3165
October	0.3246	0.3060	0.3181
November	0.3444	0.3147	0.3275
December	0.3360	0.0686	0.3185

૨૦૨૫ ETB થી ZAR ઐતિહાસિક સમીક્ષા