2021 ETB to SHP Historical Review

YEARLY HIGH

0.0188 SHP

YEARLY LOW

0.0033 SHP

YEARLY AVERAGE

0.0166 SHP

2021 ETB to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0188. Conversely, the yearly low was recorded on December 27, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0155 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0151, the exchange rate registered a net change of -18.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0188 was down 29.24% compared to the 2020 peak of 0.0265, 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 94 SHP

2020 Average 112 SHP

Yearly Trough Low 16 SHP

Transaction Impact: A difference of 77.47 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0189

0.0147

JanuMarcMayJulySeptNove

ETB to SHP 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 0.0175, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0175

H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0125 SHP (High: 0.0157 / Low: 0.0033). On the other end, January was the most stable month, with a tight range of 0.0003 SHP (High: 0.0188 / Low: 0.0184).

December Spread (Volatile) ±0.0125

January Spread (Stable) ±0.0003

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 April and May, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0186) against the same month in 2020 (average: 0.0239), the exchange rate shifted by -0.0053 (-22.04%).

2021 Avg (January) 0.0186

2020 Avg (January) 0.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0188	0.0184	0.0186
February	0.0186	0.0176	0.0181
March	0.0181	0.0175	0.0178
April	0.0176	0.0171	0.0174
May	0.0172	0.0161	0.0167
June	0.0167	0.0162	0.0164
July	0.0166	0.0161	0.0164
August	0.0163	0.0159	0.0161
September	0.0161	0.0157	0.0158
October	0.0160	0.0153	0.0156
November	0.0159	0.0154	0.0157
December	0.0157	0.0033	0.0151

૨૦૨૫ ETB થી SHP ઐતિહાસિક સમીક્ષા