2021 ETB to PEN Historical Review

YEARLY HIGH

0.0930 PEN

YEARLY LOW

0.0176 PEN

YEARLY AVERAGE

0.0886 PEN

2021 ETB to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0930. Conversely, the yearly low was recorded on December 27, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0754 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0920 to the December average rate of 0.0811, the exchange rate registered a net change of -11.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0930 was down 14.66% compared to the 2020 peak of 0.1090, 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 465 PEN

2020 Average 501 PEN

Yearly Trough Low 88 PEN

Transaction Impact: A difference of 376.80 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0931

0.0800

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 0.0904, compared to 0.0868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0904

H2 Avg (Jul–Dec) 0.0868

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0674 PEN (High: 0.0850 / Low: 0.0176). On the other end, January was the most stable month, with a tight range of 0.0009 PEN (High: 0.0924 / Low: 0.0916).

December Spread (Volatile) ±0.0674

January Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0035 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0916) against the same month in 2020 (average: 0.1070), the exchange rate shifted by -0.0154 (-14.40%).

2021 Avg (March) 0.0916

2020 Avg (March) 0.1070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0924	0.0916	0.0920
February	0.0924	0.0904	0.0915
March	0.0930	0.0898	0.0916
April	0.0912	0.0863	0.0886
May	0.0905	0.0860	0.0884
June	0.0915	0.0884	0.0900
July	0.0907	0.0883	0.0894
August	0.0918	0.0886	0.0904
September	0.0899	0.0883	0.0892
October	0.0896	0.0836	0.0859
November	0.0853	0.0835	0.0846
December	0.0850	0.0176	0.0811