YEARLY HIGH
3.0195 ETB
YEARLY LOW
0.5356 ETB
YEARLY AVERAGE
0.5987 ETB

2021 INR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3.0195. Conversely, the yearly low was recorded on January 11, dropping to 0.5356.

This high-to-low spread represents a total annual volatility of 2.4839 ETB. From a start-to-finish perspective, comparing the January average rate of 0.5391 to the December average rate of 0.7213, the exchange rate registered a net change of 33.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.0195 was up 460.61% compared to the 2020 peak of 0.5386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 754,872 ETB
2020 Average 117,899 ETB
Yearly Trough Low 133,900 ETB
Transaction Impact: A difference of 620,972.25 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7395
0.5209
JanuMarcMayJulySeptNove

INR 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 0.5625, compared to 0.6349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0724 points.

H1 Avg (Jan–Jun) 0.5625
H2 Avg (Jul–Dec) 0.6349

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.3834 ETB (High: 3.0195 / Low: 0.6361). On the other end, January was the most stable month, with a tight range of 0.0058 ETB (High: 0.5414 / Low: 0.5356).

December Spread (Volatile) ±2.3834
January Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0016 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.7213) against the same month in 2020 (average: 0.5255), the exchange rate shifted by +0.1958 (+37.26%).

2021 Avg (December) 0.7213
2020 Avg (December) 0.5255

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5414 0.5356 0.5391
February 0.5558 0.5400 0.5470
March 0.5707 0.5488 0.5563
April 0.5672 0.5513 0.5591
May 0.6005 0.5684 0.5826
June 0.5977 0.5840 0.5909
July 0.5977 0.5859 0.5913
August 0.6253 0.5951 0.6089
September 0.6312 0.6221 0.6259
October 0.6324 0.6169 0.6242
November 0.6465 0.6296 0.6379
December 3.0195 0.6361 0.7213