YEARLY HIGH
0.0241 ETB
YEARLY LOW
0.0038 ETB
YEARLY AVERAGE
0.0045 ETB

2021 GNF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0241. Conversely, the yearly low was recorded on January 5, dropping to 0.0038.

This high-to-low spread represents a total annual volatility of 0.0202 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0039 to the December average rate of 0.0058, the exchange rate registered a net change of 49.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0241 was up 511.75% compared to the 2020 peak of 0.0039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 120 ETB
2020 Average 18 ETB
Yearly Trough Low 19 ETB
Transaction Impact: A difference of 101.18 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0060
0.0037
JanuMarcMayJulySeptNove

GNF 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: JanтАУJun) was 0.0041, compared to 0.0049 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0008 points.

H1 Avg (JanтАУJun) 0.0041
H2 Avg (JulтАУDec) 0.0049

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0190 ETB (High: 0.0241 / Low: 0.0051). On the other end, June was the most stable month, with a tight range of 0.0001 ETB (High: 0.0045 / Low: 0.0044).

December Spread (Volatile) ┬▒0.0190
June Spread (Stable) ┬▒0.0001

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0058) against the same month in 2020 (average: 0.0039), the exchange rate shifted by +0.0019 (+48.37%).

2021 Avg (December) 0.0058
2020 Avg (December) 0.0039

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Month High Low Average
January 0.0040 0.0038 0.0039
February 0.0040 0.0038 0.0039
March 0.0041 0.0040 0.0040
April 0.0042 0.0041 0.0042
May 0.0044 0.0042 0.0043
June 0.0045 0.0044 0.0044
July 0.0045 0.0045 0.0045
August 0.0047 0.0045 0.0046
September 0.0048 0.0046 0.0047
October 0.0049 0.0047 0.0048
November 0.0051 0.0049 0.0050
December 0.0241 0.0051 0.0058