YEARLY HIGH
0.0088 ETB
YEARLY LOW
0.0059 ETB
YEARLY AVERAGE
0.0079 ETB

2011 MGA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MGA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 4, valuing the pair at 0.0088. Conversely, the yearly low was recorded on January 3, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0029 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0081, the exchange rate registered a net change of 32.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0088 was up 36.87% compared to the 2010 peak of 0.0064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44 ETB
2010 Average 28 ETB
Yearly Trough Low 30 ETB
Transaction Impact: A difference of 14.37 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0090
0.0058
JanuMarcMayJulySeptNove

MGA 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 0.0074, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0074
H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0023 ETB (High: 0.0087 / Low: 0.0064). On the other end, March was the most stable month, with a tight range of 0.0001 ETB (High: 0.0064 / Low: 0.0063).

April Spread (Volatile) ±0.0023
March Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.0087) against the same month in 2010 (average: 0.0051), the exchange rate shifted by +0.0036 (+70.52%).

2011 Avg (July) 0.0087
2010 Avg (July) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0062 0.0059 0.0061
February 0.0064 0.0062 0.0063
March 0.0064 0.0063 0.0064
April 0.0087 0.0064 0.0083
May 0.0087 0.0085 0.0086
June 0.0088 0.0086 0.0087
July 0.0088 0.0086 0.0087
August 0.0088 0.0086 0.0087
September 0.0088 0.0083 0.0085
October 0.0085 0.0081 0.0082
November 0.0082 0.0081 0.0081
December 0.0083 0.0077 0.0081