YEARLY HIGH
1072.0957 IRR
YEARLY LOW
186.7246 IRR
YEARLY AVERAGE
964.8795 IRR

2021 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1072.0957. Conversely, the yearly low was recorded on December 27, dropping to 186.7246.

This high-to-low spread represents a total annual volatility of 885.3711 IRR. From a start-to-finish perspective, comparing the January average rate of 1068.3259 to the December average rate of 847.2762, the exchange rate registered a net change of -20.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1072.0957 was down 42.97% compared to the 2020 peak of 1879.9149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,360,479 IRR
2020 Average 6,057,177 IRR
Yearly Trough Low 933,623 IRR
Transaction Impact: A difference of 4,426,855.61 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1090.4309
825.1712
JanuMarcMayJulySeptNove

ETB to IRR 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 1022.0324, compared to 907.7265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 114.3059 points.

H1 Avg (Jan–Jun) 1022.0324
H2 Avg (Jul–Dec) 907.7265

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 696.8498 IRR (High: 883.5745 / Low: 186.7246). On the other end, January was the most stable month, with a tight range of 8.0468 IRR (High: 1072.0957 / Low: 1064.0489).

December Spread (Volatile) ±696.8498
January Spread (Stable) ±8.0468

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 42.0603 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -42.0603

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1068.3259) against the same month in 2020 (average: 1313.4123), the exchange rate shifted by -245.0863 (-18.66%).

2021 Avg (January) 1068.3259
2020 Avg (January) 1313.4123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1072.0957 1064.0489 1068.3259
February 1068.8985 1043.7499 1057.0212
March 1049.3458 1018.8375 1040.0063
April 1026.5607 1001.6471 1011.2154
May 1005.5105 967.2817 987.5370
June 976.9142 960.1438 968.0887
July 964.9188 949.8208 956.2962
August 954.7848 924.4581 934.5763
September 927.1789 907.2922 916.1948
October 913.3122 892.6585 902.6789
November 894.7090 877.0820 889.3365
December 883.5745 186.7246 847.2762