YEARLY HIGH
9.0901 MRO
YEARLY LOW
0.0044 MRO
YEARLY AVERAGE
8.0115 MRO

2021 ETB to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 9.0901. Conversely, the yearly low was recorded on December 27, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 9.0857 MRO. From a start-to-finish perspective, comparing the January average rate of 9.0573 to the December average rate of 5.2354, the exchange rate registered a net change of -42.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.0901 was down 19.40% compared to the 2020 peak of 11.2775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,450 MRO
2020 Average 51,274 MRO
Yearly Trough Low 22 MRO
Transaction Impact: A difference of 45,428.34 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.4395
4.8532
JanuMarcMayJulySeptNove

ETB to MRO 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: JanтАУJun) was 8.6652, compared to 7.3578 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 1.3074 points.

H1 Avg (JanтАУJun) 8.6652
H2 Avg (JulтАУDec) 7.3578

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 7.4571 MRO (High: 7.4615 / Low: 0.0044). On the other end, January was the most stable month, with a tight range of 0.0692 MRO (High: 9.0901 / Low: 9.0209).

December Spread (Volatile) ┬▒7.4571
January Spread (Stable) ┬▒0.0692

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.2786 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -2.2786

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 9.0573) against the same month in 2020 (average: 11.1359), the exchange rate shifted by -2.0785 (-18.67%).

2021 Avg (January) 9.0573
2020 Avg (January) 11.1359

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 9.0901 9.0209 9.0573
February 9.0632 8.8497 8.9623
March 8.8972 8.6385 8.8175
April 8.7040 8.4928 8.5739
May 8.5255 8.2014 8.3729
June 8.2831 8.1367 8.2074
July 8.1814 8.0438 8.1023
August 8.0861 7.8198 7.9115
September 7.8441 7.6743 7.7503
October 7.7273 7.5427 7.6335
November 7.5556 7.4111 7.5140
December 7.4615 0.0044 5.2354