2021 ETB to ARS Historical Review

YEARLY HIGH

2.2838 ARS

YEARLY LOW

0.4530 ARS

YEARLY AVERAGE

2.1679 ARS

2021 ETB to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 2.2838. Conversely, the yearly low was recorded on December 27, dropping to 0.4530.

This high-to-low spread represents a total annual volatility of 1.8309 ARS. From a start-to-finish perspective, comparing the January average rate of 2.1794 to the December average rate of 2.0414, the exchange rate registered a net change of -6.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.2838 was up 6.19% compared to the 2020 peak of 2.1507, 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 11,419 ARS

2020 Average 10,073 ARS

Yearly Trough Low 2,265 ARS

Transaction Impact: A difference of 9,154.35 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.2690

2.0207

JanuMarcMayJulySeptNove

ETB to ARS 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 2.2122, compared to 2.1236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0886 points.

H1 Avg (Jan–Jun) 2.2122

H2 Avg (Jul–Dec) 2.1236

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.6575 ARS (High: 2.1105 / Low: 0.4530). On the other end, July was the most stable month, with a tight range of 0.0164 ARS (High: 2.1906 / Low: 2.1743).

December Spread (Volatile) ±1.6575

July Spread (Stable) ±0.0164

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 November and December, when the average rate fell by 0.0702 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0702

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 2.2483) against the same month in 2020 (average: 1.9352), the exchange rate shifted by +0.3130 (+16.18%).

2021 Avg (March) 2.2483

2020 Avg (March) 1.9352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2158	2.1317	2.1794
February	2.2381	2.2044	2.2264
March	2.2838	2.2103	2.2483
April	2.2447	2.2014	2.2252
May	2.2382	2.1734	2.2053
June	2.2025	2.1763	2.1887
July	2.1906	2.1743	2.1829
August	2.1934	2.1361	2.1532
September	2.1482	2.1123	2.1322
October	2.1389	2.1025	2.1204
November	2.1325	2.0903	2.1116
December	2.1105	0.4530	2.0414

૨૦૨૫ ETB થી ARS ઐતિહાસિક સમીક્ષા