YEARLY HIGH
0.1199 PEN
YEARLY LOW
0.1037 PEN
YEARLY AVERAGE
0.1143 PEN

2019 ETB to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1199. Conversely, the yearly low was recorded on December 31, dropping to 0.1037.

This high-to-low spread represents a total annual volatility of 0.0162 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1179 to the December average rate of 0.1065, the exchange rate registered a net change of -9.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1199 was down 1.07% compared to the 2018 peak of 0.1212, 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 599 PEN
2018 Average 594 PEN
Yearly Trough Low 519 PEN
Transaction Impact: A difference of 80.75 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1190
0.1054
JanuMarcMayJulySeptNove

ETB to PEN 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 0.1159, compared to 0.1127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1159
H2 Avg (Jul–Dec) 0.1127

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0074 PEN (High: 0.1111 / Low: 0.1037). On the other end, March was the most stable month, with a tight range of 0.0016 PEN (High: 0.1167 / Low: 0.1152).

December Spread (Volatile) ±0.0074
March Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0061 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1179) against the same month in 2018 (average: 0.1171), the exchange rate shifted by +0.0007 (+0.62%).

2019 Avg (January) 0.1179
2018 Avg (January) 0.1171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1199 0.1166 0.1179
February 0.1179 0.1156 0.1167
March 0.1167 0.1152 0.1158
April 0.1163 0.1140 0.1147
May 0.1167 0.1143 0.1153
June 0.1168 0.1131 0.1149
July 0.1155 0.1129 0.1136
August 0.1171 0.1141 0.1158
September 0.1166 0.1128 0.1142
October 0.1161 0.1121 0.1136
November 0.1148 0.1107 0.1126
December 0.1111 0.1037 0.1065