YEARLY HIGH
29.0307 ETB
YEARLY LOW
5.0656 ETB
YEARLY AVERAGE
5.6967 ETB

2021 HKD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 29.0307. Conversely, the yearly low was recorded on January 5, dropping to 5.0656.

This high-to-low spread represents a total annual volatility of 23.9651 ETB. From a start-to-finish perspective, comparing the January average rate of 5.0838 to the December average rate of 6.9694, the exchange rate registered a net change of 37.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 29.0307 was up 472.03% compared to the 2020 peak of 5.0751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 725,767 ETB
2020 Average 112,663 ETB
Yearly Trough Low 126,639 ETB
Transaction Impact: A difference of 599,127.73 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.1579
4.8952
JanuMarcMayJulySeptNove

HKD 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 5.3151, compared to 6.0782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7630 points.

H1 Avg (Jan–Jun) 5.3151
H2 Avg (Jul–Dec) 6.0782

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 22.8916 ETB (High: 29.0307 / Low: 6.1390). On the other end, January was the most stable month, with a tight range of 0.0385 ETB (High: 5.1041 / Low: 5.0656).

December Spread (Volatile) ±22.8916
January Spread (Stable) ±0.0385

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.9694) against the same month in 2020 (average: 4.9927), the exchange rate shifted by +1.9766 (+39.59%).

2021 Avg (December) 6.9694
2020 Avg (December) 4.9927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.1041 5.0656 5.0838
February 5.2022 5.0807 5.1380
March 5.3218 5.1650 5.2143
April 5.4144 5.2748 5.3592
May 5.6085 5.3921 5.4912
June 5.6506 5.5556 5.6043
July 5.7117 5.6191 5.6710
August 5.8684 5.6780 5.7977
September 5.9776 5.8521 5.9206
October 6.0832 5.9345 6.0118
November 6.1785 6.0586 6.0986
December 29.0307 6.1390 6.9694