YEARLY HIGH
12.7396 ETB
YEARLY LOW
2.2444 ETB
YEARLY AVERAGE
2.5098 ETB

2021 MDL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MDL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 12.7396. Conversely, the yearly low was recorded on March 27, dropping to 2.2444.

This high-to-low spread represents a total annual volatility of 10.4952 ETB. From a start-to-finish perspective, comparing the January average rate of 2.2853 to the December average rate of 3.0645, the exchange rate registered a net change of 34.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.7396 was up 455.02% compared to the 2020 peak of 2.2953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,698 ETB
2020 Average 10,155 ETB
Yearly Trough Low 11,222 ETB
Transaction Impact: A difference of 52,476.22 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.1424
2.2074
JanuMarcMayJulySeptNove

MDL 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 2.3411, compared to 2.6786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3374 points.

H1 Avg (Jan–Jun) 2.3411
H2 Avg (Jul–Dec) 2.6786

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 10.0383 ETB (High: 12.7396 / Low: 2.7013). On the other end, January was the most stable month, with a tight range of 0.0454 ETB (High: 2.3024 / Low: 2.2569).

December Spread (Volatile) ±10.0383
January Spread (Stable) ±0.0454

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.0645) against the same month in 2020 (average: 2.2512), the exchange rate shifted by +0.8133 (+36.13%).

2021 Avg (December) 3.0645
2020 Avg (December) 2.2512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3024 2.2569 2.2853
February 2.3173 2.2618 2.2877
March 2.3193 2.2444 2.2876
April 2.3769 2.2742 2.3272
May 2.4716 2.3521 2.4104
June 2.4723 2.4247 2.4483
July 2.4894 2.4185 2.4496
August 2.5938 2.4798 2.5536
September 2.6435 2.5757 2.6184
October 2.7242 2.6375 2.6870
November 2.7182 2.6616 2.6983
December 12.7396 2.7013 3.0645