YEARLY HIGH
54.1245 ETB
YEARLY LOW
9.6763 ETB
YEARLY AVERAGE
10.6803 ETB

2021 MYR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 54.1245. Conversely, the yearly low was recorded on March 27, dropping to 9.6763.

This high-to-low spread represents a total annual volatility of 44.4483 ETB. From a start-to-finish perspective, comparing the January average rate of 9.7592 to the December average rate of 12.9146, the exchange rate registered a net change of 32.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 54.1245 was up 455.44% compared to the 2020 peak of 9.7444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 1,082,491 ETB
2020 Average 166,596 ETB
Yearly Trough Low 193,525 ETB
Transaction Impact: A difference of 888,965.67 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.2302
9.4437
JanuMarcMayJulySeptNove

MYR 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 10.0678, compared to 11.2927 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.2249 points.

H1 Avg (JanтАУJun) 10.0678
H2 Avg (JulтАУDec) 11.2927

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 42.7868 ETB (High: 54.1245 / Low: 11.3378). On the other end, June was the most stable month, with a tight range of 0.1398 ETB (High: 10.5928 / Low: 10.4530).

December Spread (Volatile) ┬▒42.7868
June Spread (Stable) ┬▒0.1398

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 0.0350 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 12.9146) against the same month in 2020 (average: 9.5418), the exchange rate shifted by +3.3728 (+35.35%).

2021 Avg (December) 12.9146
2020 Avg (December) 9.5418

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

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Month High Low Average
January 9.8327 9.6902 9.7592
February 9.9859 9.6769 9.8422
March 10.0612 9.6763 9.8498
April 10.2503 9.8940 10.0980
May 10.5474 10.1822 10.3346
June 10.5928 10.4530 10.5230
July 10.5680 10.4141 10.4880
August 10.9822 10.4571 10.6951
September 11.1579 10.9566 11.0581
October 11.4297 11.0355 11.2343
November 11.4382 11.1465 11.3660
December 54.1245 11.3378 12.9146