YEARLY HIGH
0.9970 ETB
YEARLY LOW
0.8352 ETB
YEARLY AVERAGE
0.9074 ETB

2010 MVR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MVR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 0.9970. Conversely, the yearly low was recorded on January 12, dropping to 0.8352.

This high-to-low spread represents a total annual volatility of 0.1618 ETB. From a start-to-finish perspective, comparing the January average rate of 0.8415 to the December average rate of 0.9921, the exchange rate registered a net change of 17.89% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 4,985 ETB
Yearly Average 4,537 ETB
Yearly Trough Low 4,176 ETB
Transaction Impact: A difference of 809.21 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.0072
0.8265
JanuMarcMayJulySeptNove

MVR 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 0.8641, compared to 0.9506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0865 points.

H1 Avg (Jan–Jun) 0.8641
H2 Avg (Jul–Dec) 0.9506

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.1080 ETB (High: 0.9873 / Low: 0.8792). On the other end, November was the most stable month, with a tight range of 0.0022 ETB (High: 0.9911 / Low: 0.9889).

September Spread (Volatile) ±0.1080
November Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 0.9884.

2010 Avg (October) 0.9884
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8435 0.8352 0.8415
February 0.8623 0.8407 0.8466
March 0.8800 0.8634 0.8706
April 0.8822 0.8675 0.8753
May 0.8991 0.8718 0.8758
June 0.8829 0.8702 0.8750
July 0.8773 0.8718 0.8759
August 0.8829 0.8754 0.8784
September 0.9873 0.8792 0.9790
October 0.9970 0.9870 0.9884
November 0.9911 0.9889 0.9899
December 0.9933 0.9911 0.9921