YEARLY HIGH
62.1815 ETB
YEARLY LOW
10.7865 ETB
YEARLY AVERAGE
12.1521 ETB

2021 QAR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 62.1815. Conversely, the yearly low was recorded on January 5, dropping to 10.7865.

This high-to-low spread represents a total annual volatility of 51.3951 ETB. From a start-to-finish perspective, comparing the January average rate of 10.8213 to the December average rate of 14.9278, the exchange rate registered a net change of 37.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 62.1815 was up 475.41% compared to the 2020 peak of 10.8065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 310,908 ETB
2020 Average 47,996 ETB
Yearly Trough Low 53,932 ETB
Transaction Impact: A difference of 256,975.27 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.3385
10.4107
JanuMarcMayJulySeptNove

QAR 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 11.3281, compared to 12.9761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6480 points.

H1 Avg (Jan–Jun) 11.3281
H2 Avg (Jul–Dec) 12.9761

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 49.0408 ETB (High: 62.1815 / Low: 13.1407). On the other end, January was the most stable month, with a tight range of 0.0827 ETB (High: 10.8692 / Low: 10.7865).

December Spread (Volatile) ±49.0408
January Spread (Stable) ±0.0827

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: 14.9278) against the same month in 2020 (average: 10.6282), the exchange rate shifted by +4.2996 (+40.45%).

2021 Avg (December) 14.9278
2020 Avg (December) 10.6282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.8692 10.7865 10.8213
February 11.0804 10.8185 10.9410
March 11.3389 11.0203 11.1174
April 11.5467 11.2649 11.4380
May 11.9520 11.5008 11.7089
June 12.0376 11.8374 11.9423
July 12.1895 11.8262 12.0847
August 12.5307 11.9962 12.3366
September 12.7923 12.3939 12.6195
October 12.9986 12.6888 12.8423
November 13.2302 12.9772 13.0458
December 62.1815 13.1407 14.9278