YEARLY HIGH
0.0629 ETB
YEARLY LOW
0.0443 ETB
YEARLY AVERAGE
0.0569 ETB

2011 MRO to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MRO to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.0629. Conversely, the yearly low was recorded on February 27, dropping to 0.0443.

This high-to-low spread represents a total annual volatility of 0.0186 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0454 to the December average rate of 0.0602, the exchange rate registered a net change of 32.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0629 was up 35.91% compared to the 2010 peak of 0.0463, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 315 ETB
2010 Average 212 ETB
Yearly Trough Low 222 ETB
Transaction Impact: A difference of 92.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0637
0.0436
JanuMarcMayJulySeptNove

MRO 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 0.0532, compared to 0.0607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.0532
H2 Avg (Jul–Dec) 0.0607

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0162 ETB (High: 0.0621 / Low: 0.0459). On the other end, December was the most stable month, with a tight range of 0.0009 ETB (High: 0.0606 / Low: 0.0598).

April Spread (Volatile) ±0.0162
December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0620) against the same month in 2010 (average: 0.0414), the exchange rate shifted by +0.0206 (+49.69%).

2011 Avg (May) 0.0620
2010 Avg (May) 0.0414

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0462 0.0449 0.0454
February 0.0464 0.0443 0.0452
March 0.0464 0.0446 0.0453
April 0.0621 0.0459 0.0592
May 0.0629 0.0614 0.0620
June 0.0627 0.0613 0.0619
July 0.0623 0.0612 0.0617
August 0.0621 0.0603 0.0614
September 0.0613 0.0604 0.0608
October 0.0606 0.0588 0.0596
November 0.0614 0.0595 0.0603
December 0.0606 0.0598 0.0602