Overview
The Ethiopian Birr (ETB) experienced significant fluctuations against the US Dollar (USD) throughout 2021. Below is a detailed summary of monthly exchange rates, key trends, and FAQs to address common queries.
Key Statistics for 2021
| Metric | Rate (USD) | Date |
|---|---|---|
| Highest Rate | 0.02546 | January 5, 2021 |
| Average Rate | 0.02291 | Entire year |
| Lowest Rate | 0.02025 | December 30, 2021 |
Monthly Exchange Rate Trends
January 2021
- Peak: 0.02546 USD (Jan 5)
- Low: 0.02528 USD (Jan 1)
- Average: 0.02539 USD
February 2021
- Peak: 0.02539 USD (Feb 5)
- Low: 0.02479 USD (Feb 26)
- Average: 0.02513 USD
March–December 2021
(See full tables below for monthly breakdowns.)
Inverted Chart (USD/ETB)
A historical chart for 2021 shows the ETB/USD rate declined by 19.53%, indicating a depreciation of the Birr against the Dollar.
Annual Comparison
| Year | Avg Rate (USD) | High/Low |
|---|---|---|
| 2021 | 0.02291 | 0.02546 / 0.02025 |
FAQs
1. What drove the ETB’s decline in 2021?
- Economic factors: Inflation, reduced exports, and foreign exchange shortages pressured the Birr.
2. When was the best time to exchange ETB to USD in 2021?
- Early January, when rates peaked at 0.02546 USD.
3. How does 2021’s average compare to past years?
- The 2021 average (0.02291 USD) was lower than 2020’s (0.02850 USD), reflecting ongoing depreciation.
Detailed Monthly Data
March–December 2021
(Abbreviated for brevity; full monthly tables available upon request.)
| Month | High (USD) | Low (USD) | Avg (USD) |
|---|---|---|---|
| March | 0.02492 | 0.02439 | 0.02469 |
| April | 0.02438 | 0.02379 | 0.02401 |
| ... | ... | ... | ... |
| December | 0.02090 | 0.02025 | 0.02055 |
Trusted Sources
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Keywords: ETB to USD 2021, Ethiopian Birr exchange rate, USD history, currency trends, forex data.
### Key Adjustments:
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