2021 KWD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 KWD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the KWD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 747.9771. Conversely, the yearly low was recorded on January 4, dropping to 129.2176.
This high-to-low spread represents a total annual volatility of 618.7594 ETB. From a start-to-finish perspective, comparing the January average rate of 129.9920 to the December average rate of 179.5294, the exchange rate registered a net change of 38.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 747.9771 was up 478.08% compared to the 2020 peak of 129.3900, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
KWD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 136.6393, compared to 156.8948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.2555 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 589.7581 ETB (High: 747.9771 / Low: 158.2190). On the other end, January was the most stable month, with a tight range of 1.3548 ETB (High: 130.5725 / Low: 129.2176).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 179.5294) against the same month in 2020 (average: 126.9547), the exchange rate shifted by +52.5747 (+41.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 130.5725 | 129.2176 | 129.9920 |
| February | 133.2801 | 130.1056 | 131.6145 |
| March | 136.7400 | 132.7781 | 133.9001 |
| April | 139.6412 | 135.7216 | 138.0963 |
| May | 144.7278 | 139.0386 | 141.7130 |
| June | 145.8381 | 143.1917 | 144.5200 |
| July | 147.5549 | 144.8510 | 146.4425 |
| August | 151.8360 | 147.0818 | 150.0365 |
| September | 154.5684 | 151.4140 | 153.1220 |
| October | 156.9008 | 153.2592 | 155.0698 |
| November | 159.0897 | 156.0611 | 157.1689 |
| December | 747.9771 | 158.2190 | 179.5294 |