YEARLY HIGH
14.5784 ETB
YEARLY LOW
2.5421 ETB
YEARLY AVERAGE
2.9946 ETB

2021 NAD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 14.5784. Conversely, the yearly low was recorded on January 11, dropping to 2.5421.

This high-to-low spread represents a total annual volatility of 12.0364 ETB. From a start-to-finish perspective, comparing the January average rate of 2.6140 to the December average rate of 3.4265, the exchange rate registered a net change of 31.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 14.5784 was up 442.99% compared to the 2020 peak of 2.6848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,892 ETB
2020 Average 10,675 ETB
Yearly Trough Low 12,710 ETB
Transaction Impact: A difference of 60,181.78 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.5078
2.5327
JanuMarcMayJulySeptNove

NAD 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 2.8466, compared to 3.1427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2961 points.

H1 Avg (Jan–Jun) 2.8466
H2 Avg (Jul–Dec) 3.1427

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 11.6030 ETB (High: 14.5784 / Low: 2.9755). On the other end, July was the most stable month, with a tight range of 0.1009 ETB (High: 3.0753 / Low: 2.9745).

December Spread (Volatile) ±11.6030
July Spread (Stable) ±0.1009

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1120 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.4265) against the same month in 2020 (average: 2.6030), the exchange rate shifted by +0.8236 (+31.64%).

2021 Avg (December) 3.4265
2020 Avg (December) 2.6030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6924 2.5421 2.6140
February 2.7763 2.6138 2.7045
March 2.8094 2.5867 2.7034
April 2.9430 2.7930 2.8772
May 3.1600 2.9241 3.0369
June 3.2184 3.0542 3.1436
July 3.0753 2.9745 3.0316
August 3.1626 2.9491 3.0720
September 3.2242 3.0504 3.1078
October 3.2654 3.0535 3.1448
November 3.2998 2.9409 3.0733
December 14.5784 2.9755 3.4265