YEARLY HIGH
14.6444 ETB
YEARLY LOW
2.5499 ETB
YEARLY AVERAGE
2.8694 ETB

2021 MVR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 14.6444. Conversely, the yearly low was recorded on January 12, dropping to 2.5499.

This high-to-low spread represents a total annual volatility of 12.0945 ETB. From a start-to-finish perspective, comparing the January average rate of 2.5587 to the December average rate of 3.5200, the exchange rate registered a net change of 37.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 14.6444 was up 473.13% compared to the 2020 peak of 2.5551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,222 ETB
2020 Average 11,329 ETB
Yearly Trough Low 12,749 ETB
Transaction Impact: A difference of 60,472.68 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.6161
2.4625
JanuMarcMayJulySeptNove

MVR 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 2.6740, compared to 3.0648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3909 points.

H1 Avg (Jan–Jun) 2.6740
H2 Avg (Jul–Dec) 3.0648

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 11.5476 ETB (High: 14.6444 / Low: 3.0968). On the other end, January was the most stable month, with a tight range of 0.0199 ETB (High: 2.5698 / Low: 2.5499).

December Spread (Volatile) ±11.5476
January Spread (Stable) ±0.0199

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: 3.5200) against the same month in 2020 (average: 2.5112), the exchange rate shifted by +1.0088 (+40.17%).

2021 Avg (December) 3.5200
2020 Avg (December) 2.5112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5698 2.5499 2.5587
February 2.6195 2.5545 2.5857
March 2.6731 2.5971 2.6227
April 2.7296 2.6547 2.6947
May 2.8174 2.7280 2.7658
June 2.8599 2.7878 2.8163
July 2.8758 2.8335 2.8594
August 2.9549 2.8558 2.9204
September 3.0207 2.9458 2.9843
October 3.0635 2.9903 3.0283
November 3.1280 3.0583 3.0767
December 14.6444 3.0968 3.5200