YEARLY HIGH
2.6702 ETB
YEARLY LOW
0.4691 ETB
YEARLY AVERAGE
0.5234 ETB

2021 KGS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KGS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.6702. Conversely, the yearly low was recorded on January 23, dropping to 0.4691.

This high-to-low spread represents a total annual volatility of 2.2010 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4715 to the December average rate of 0.6410, the exchange rate registered a net change of 35.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6702 was up 452.15% compared to the 2020 peak of 0.4836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,351 ETB
2020 Average 2,270 ETB
Yearly Trough Low 2,346 ETB
Transaction Impact: A difference of 11,005.23 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6580
0.4546
JanuMarcMayJulySeptNove

KGS 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 0.4886, compared to 0.5583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0696 points.

H1 Avg (Jan–Jun) 0.4886
H2 Avg (Jul–Dec) 0.5583

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.1058 ETB (High: 2.6702 / Low: 0.5643). On the other end, January was the most stable month, with a tight range of 0.0064 ETB (High: 0.4756 / Low: 0.4691).

December Spread (Volatile) ±2.1058
January Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.6410) against the same month in 2020 (average: 0.4636), the exchange rate shifted by +0.1774 (+38.26%).

2021 Avg (December) 0.6410
2020 Avg (December) 0.4636

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4756 0.4691 0.4715
February 0.4770 0.4693 0.4727
March 0.4873 0.4732 0.4777
April 0.4957 0.4837 0.4910
May 0.5171 0.4939 0.5045
June 0.5187 0.5094 0.5142
July 0.5246 0.5147 0.5203
August 0.5390 0.5221 0.5329
September 0.5487 0.5373 0.5434
October 0.5581 0.5448 0.5515
November 0.5681 0.5572 0.5604
December 2.6702 0.5643 0.6410