YEARLY HIGH
11.6663 ETB
YEARLY LOW
2.0268 ETB
YEARLY AVERAGE
2.5040 ETB

2021 SRD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 11.6663. Conversely, the yearly low was recorded on June 20, dropping to 2.0268.

This high-to-low spread represents a total annual volatility of 9.6396 ETB. From a start-to-finish perspective, comparing the January average rate of 2.7848 to the December average rate of 2.5916, the exchange rate registered a net change of -6.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.6663 was up 136.56% compared to the 2020 peak of 4.9318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,332 ETB
2020 Average 20,122 ETB
Yearly Trough Low 10,134 ETB
Transaction Impact: A difference of 48,197.79 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.1056
1.9898
JanuMarcMayJulySeptNove

SRD 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 2.7862, compared to 2.2219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5643 points.

H1 Avg (Jan–Jun) 2.7862
H2 Avg (Jul–Dec) 2.2219

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 9.4427 ETB (High: 11.6663 / Low: 2.2236). On the other end, January was the most stable month, with a tight range of 0.0213 ETB (High: 2.7960 / Low: 2.7747).

December Spread (Volatile) ±9.4427
January Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.7102 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.5916) against the same month in 2020 (average: 2.7346), the exchange rate shifted by -0.1429 (-5.23%).

2021 Avg (December) 2.5916
2020 Avg (December) 2.7346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7960 2.7747 2.7848
February 2.8501 2.7830 2.8145
March 2.9198 2.8349 2.8607
April 2.9699 2.8978 2.9419
May 3.0754 2.9585 3.0126
June 3.0686 2.0268 2.3025
July 2.1027 2.0641 2.0828
August 2.1438 2.0593 2.1097
September 2.1827 2.1337 2.1551
October 2.2050 2.1567 2.1828
November 2.2397 2.1968 2.2091
December 11.6663 2.2236 2.5916