2021 MGA to ETB Historical Review

YEARLY HIGH

0.0569 ETB

YEARLY LOW

0.0101 ETB

YEARLY AVERAGE

0.0115 ETB

2021 MGA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0569. Conversely, the yearly low was recorded on January 2, dropping to 0.0101.

This high-to-low spread represents a total annual volatility of 0.0468 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0137, the exchange rate registered a net change of 32.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0569 was up 445.65% compared to the 2020 peak of 0.0104, 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 285 ETB

2020 Average 46 ETB

Yearly Trough Low 50 ETB

Transaction Impact: A difference of 234.20 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0140

0.0100

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 0.0109, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0109

H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0449 ETB (High: 0.0569 / Low: 0.0120). On the other end, October was the most stable month, with a tight range of 0.0002 ETB (High: 0.0119 / Low: 0.0117).

December Spread (Volatile) ±0.0449

October Spread (Stable) ±0.0002

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 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0137) against the same month in 2020 (average: 0.0101), the exchange rate shifted by +0.0036 (+35.09%).

2021 Avg (December) 0.0137

2020 Avg (December) 0.0101

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0105	0.0101	0.0104
February	0.0108	0.0104	0.0106
March	0.0109	0.0106	0.0107
April	0.0111	0.0108	0.0110
May	0.0116	0.0110	0.0113
June	0.0116	0.0113	0.0115
July	0.0117	0.0112	0.0115
August	0.0118	0.0115	0.0116
September	0.0119	0.0116	0.0117
October	0.0119	0.0117	0.0118
November	0.0121	0.0119	0.0119
December	0.0569	0.0120	0.0137