YEARLY HIGH
0.0159 ETB
YEARLY LOW
0.0028 ETB
YEARLY AVERAGE
0.0031 ETB

2021 IDR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IDR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0159. Conversely, the yearly low was recorded on January 15, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0132 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0038, the exchange rate registered a net change of 35.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0159 was up 464.93% compared to the 2020 peak of 0.0028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 159,281 ETB
2020 Average 24,077 ETB
Yearly Trough Low 27,779 ETB
Transaction Impact: A difference of 131,501.97 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0039
0.0027
JanuMarcMayJulySeptNove

IDR 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 0.0029, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0029
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0126 ETB (High: 0.0159 / Low: 0.0033). On the other end, January was the most stable month, with a tight range of 0.0001 ETB (High: 0.0028 / Low: 0.0028).

December Spread (Volatile) ±0.0126
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0000 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0038) against the same month in 2020 (average: 0.0027), the exchange rate shifted by +0.0011 (+38.50%).

2021 Avg (December) 0.0038
2020 Avg (December) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0028 0.0028 0.0028
February 0.0029 0.0028 0.0028
March 0.0029 0.0028 0.0028
April 0.0029 0.0028 0.0029
May 0.0031 0.0029 0.0030
June 0.0031 0.0030 0.0030
July 0.0031 0.0030 0.0030
August 0.0032 0.0031 0.0031
September 0.0033 0.0032 0.0032
October 0.0033 0.0032 0.0033
November 0.0034 0.0033 0.0033
December 0.0159 0.0033 0.0038