YEARLY HIGH
0.0901 ETB
YEARLY LOW
0.0188 ETB
YEARLY AVERAGE
0.0431 ETB

2021 SYP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.0901. Conversely, the yearly low was recorded on November 27, dropping to 0.0188.

This high-to-low spread represents a total annual volatility of 0.0713 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0769 to the December average rate of 0.0216, the exchange rate registered a net change of -71.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0901 was up 17.48% compared to the 2020 peak of 0.0767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 451 ETB
2020 Average 341 ETB
Yearly Trough Low 94 ETB
Transaction Impact: A difference of 356.52 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0833
0.0160
JanuMarcMayJulySeptNove

SYP 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 0.0535, compared to 0.0328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 0.0535
H2 Avg (Jul–Dec) 0.0328

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0711 ETB (High: 0.0901 / Low: 0.0190). On the other end, January was the most stable month, with a tight range of 0.0006 ETB (High: 0.0772 / Low: 0.0766).

December Spread (Volatile) ±0.0711
January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and October, 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 March and April, when the average rate fell by 0.0316 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0216) against the same month in 2020 (average: 0.0755), the exchange rate shifted by -0.0538 (-71.33%).

2021 Avg (December) 0.0216
2020 Avg (December) 0.0755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0772 0.0766 0.0769
February 0.0787 0.0768 0.0777
March 0.0806 0.0319 0.0647
April 0.0334 0.0326 0.0331
May 0.0346 0.0333 0.0339
June 0.0349 0.0343 0.0346
July 0.0353 0.0347 0.0350
August 0.0363 0.0351 0.0359
September 0.0370 0.0362 0.0366
October 0.0376 0.0367 0.0372
November 0.0378 0.0188 0.0302
December 0.0901 0.0190 0.0216