2021 ETB to MXN Historical Review

YEARLY HIGH

0.5342 MXN

YEARLY LOW

0.0914 MXN

YEARLY AVERAGE

0.4641 MXN

2021 ETB to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.5342. Conversely, the yearly low was recorded on December 27, dropping to 0.0914.

This high-to-low spread represents a total annual volatility of 0.4427 MXN. From a start-to-finish perspective, comparing the January average rate of 0.5066 to the December average rate of 0.4190, the exchange rate registered a net change of -17.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5342 was down 31.12% compared to the 2020 peak of 0.7755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,671 MXN

2020 Average 3,087 MXN

Yearly Trough Low 457 MXN

Transaction Impact: A difference of 2,213.68 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5224

0.4097

JanuMarcMayJulySeptNove

ETB to MXN 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 0.4901, compared to 0.4381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0519 points.

H1 Avg (Jan–Jun) 0.4901

H2 Avg (Jul–Dec) 0.4381

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3575 MXN (High: 0.4490 / Low: 0.0914). On the other end, July was the most stable month, with a tight range of 0.0094 MXN (High: 0.4570 / Low: 0.4476).

December Spread (Volatile) ±0.3575

July Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0312 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.5130) against the same month in 2020 (average: 0.6847), the exchange rate shifted by -0.1718 (-25.08%).

2021 Avg (March) 0.5130

2020 Avg (March) 0.6847

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5226	0.4972	0.5066
February	0.5190	0.4976	0.5097
March	0.5342	0.4984	0.5130
April	0.4948	0.4736	0.4818
May	0.4802	0.4579	0.4684
June	0.4775	0.4518	0.4608
July	0.4570	0.4476	0.4528
August	0.4525	0.4398	0.4450
September	0.4457	0.4304	0.4349
October	0.4482	0.4268	0.4374
November	0.4637	0.4290	0.4396
December	0.4490	0.0914	0.4190