2021 ARS to ETB Historical Review

YEARLY HIGH

2.2076 ETB

YEARLY LOW

0.4379 ETB

YEARLY AVERAGE

0.4652 ETB

2021 ARS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.2076. Conversely, the yearly low was recorded on March 27, dropping to 0.4379.

This high-to-low spread represents a total annual volatility of 1.7698 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4589 to the December average rate of 0.5333, the exchange rate registered a net change of 16.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2076 was up 309.35% compared to the 2020 peak of 0.5393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,038 ETB

2020 Average 2,486 ETB

Yearly Trough Low 2,189 ETB

Transaction Impact: A difference of 8,848.93 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5422

0.4360

JanuMarcMayJulySeptNove

ARS 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 0.4521, compared to 0.4783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 0.4521

H2 Avg (Jul–Dec) 0.4783

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.7338 ETB (High: 2.2076 / Low: 0.4738). On the other end, July was the most stable month, with a tight range of 0.0034 ETB (High: 0.4599 / Low: 0.4565).

December Spread (Volatile) ±1.7338

July Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0097 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5333) against the same month in 2020 (average: 0.4688), the exchange rate shifted by +0.0645 (+13.77%).

2021 Avg (December) 0.5333

2020 Avg (December) 0.4688

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4691	0.4513	0.4589
February	0.4536	0.4468	0.4492
March	0.4524	0.4379	0.4448
April	0.4543	0.4455	0.4494
May	0.4601	0.4468	0.4535
June	0.4595	0.4540	0.4569
July	0.4599	0.4565	0.4581
August	0.4681	0.4559	0.4645
September	0.4734	0.4655	0.4690
October	0.4756	0.4675	0.4716
November	0.4784	0.4689	0.4736
December	2.2076	0.4738	0.5333