2021 ETB to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 ETB to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the ETB to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 91.7722. Conversely, the yearly low was recorded on December 27, dropping to 17.6053.
This high-to-low spread represents a total annual volatility of 74.1668 COP. From a start-to-finish perspective, comparing the January average rate of 88.5605 to the December average rate of 79.6071, the exchange rate registered a net change of -10.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 91.7722 was down 28.73% compared to the 2020 peak of 128.7680, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
ETB to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 87.8432, compared to 83.0672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7760 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 65.9072 COP (High: 83.5126 / Low: 17.6053). On the other end, September was the most stable month, with a tight range of 1.3682 COP (High: 83.4678 / Low: 82.0996).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.0854 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2021: 89.2157) against the same month in 2020 (average: 118.9232), the exchange rate shifted by -29.7075 (-24.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 91.6143 | 86.6494 | 88.5605 |
| February | 90.4934 | 87.1461 | 89.2329 |
| March | 91.7722 | 85.9973 | 89.2157 |
| April | 88.9677 | 86.2259 | 87.5112 |
| May | 90.5914 | 84.8900 | 87.6408 |
| June | 87.0438 | 82.4026 | 84.8978 |
| July | 88.3798 | 85.3343 | 86.8455 |
| August | 88.8412 | 83.7800 | 86.0742 |
| September | 83.4678 | 82.0996 | 82.9888 |
| October | 82.3267 | 78.9742 | 80.7487 |
| November | 84.4685 | 79.1875 | 82.1386 |
| December | 83.5126 | 17.6053 | 79.6071 |