2021 SGD to ETB Historical Review

YEARLY HIGH

166.9421 ETB

YEARLY LOW

29.5317 ETB

YEARLY AVERAGE

32.9390 ETB

2021 SGD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 166.9421. Conversely, the yearly low was recorded on February 6, dropping to 29.5317.

This high-to-low spread represents a total annual volatility of 137.4104 ETB. From a start-to-finish perspective, comparing the January average rate of 29.7219 to the December average rate of 39.8899, the exchange rate registered a net change of 34.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 166.9421 was up 460.82% compared to the 2020 peak of 29.7677, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 834,711 ETB

2020 Average 126,862 ETB

Yearly Trough Low 147,659 ETB

Transaction Impact: A difference of 687,052.14 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

40.9067

28.7051

JanuMarcMayJulySeptNove

SGD 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 30.9585, compared to 34.9194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9609 points.

H1 Avg (Jan–Jun) 30.9585

H2 Avg (Jul–Dec) 34.9194

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 131.9552 ETB (High: 166.9421 / Low: 34.9869). On the other end, January was the most stable month, with a tight range of 0.3900 ETB (High: 29.9472 / Low: 29.5572).

December Spread (Volatile) ±131.9552

January Spread (Stable) ±0.3900

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0814 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 39.8899) against the same month in 2020 (average: 29.0568), the exchange rate shifted by +10.8332 (+37.28%).

2021 Avg (December) 39.8899

2020 Avg (December) 29.0568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.9472	29.5572	29.7219
February	30.4515	29.5317	30.0022
March	30.7416	29.8043	30.1530
April	31.7036	30.4928	31.1883
May	32.9569	31.6128	32.0794
June	32.9474	32.1997	32.6063
July	32.8002	32.3217	32.5249
August	33.9512	32.6679	33.3087
September	34.4733	33.8503	34.1804
October	35.1889	34.0341	34.6140
November	35.1962	34.4581	34.9987
December	166.9421	34.9869	39.8899

૨૦૨૫ SGD થી ETB ઐતિહાસિક સમીક્ષા