YEARLY HIGH
1.3205 ETB
YEARLY LOW
0.9930 ETB
YEARLY AVERAGE
1.1656 ETB

2011 MVR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MVR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.3205. Conversely, the yearly low was recorded on January 2, dropping to 0.9930.

This high-to-low spread represents a total annual volatility of 0.3275 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9943 to the December average rate of 1.2247, the exchange rate registered a net change of 23.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3205 was up 32.45% compared to the 2010 peak of 0.9970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,602 ETB
2010 Average 4,538 ETB
Yearly Trough Low 4,965 ETB
Transaction Impact: A difference of 1,637.28 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2985
0.9666
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 1.1165, compared to 1.2146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0982 points.

H1 Avg (Jan–Jun) 1.1165
H2 Avg (Jul–Dec) 1.2146

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.3207 ETB (High: 1.3205 / Low: 0.9998). On the other end, February was the most stable month, with a tight range of 0.0024 ETB (High: 0.9976 / Low: 0.9953).

April Spread (Volatile) ±0.3207
February Spread (Stable) ±0.0024

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 April and May, when the average rate fell by 0.0345 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.2709) against the same month in 2010 (average: 0.8753), the exchange rate shifted by +0.3956 (+45.20%).

2011 Avg (April) 1.2709
2010 Avg (April) 0.8753

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9955 0.9930 0.9943
February 0.9976 0.9953 0.9964
March 0.9998 0.9974 0.9987
April 1.3205 0.9998 1.2709
May 1.3146 1.1915 1.2364
June 1.2076 1.1951 1.2021
July 1.2098 1.2028 1.2065
August 1.2182 1.2021 1.2110
September 1.2154 1.2104 1.2126
October 1.2168 1.2109 1.2134
November 1.2293 1.2144 1.2196
December 1.2282 1.2210 1.2247