YEARLY HIGH
0.7736 THB
YEARLY LOW
0.1481 THB
YEARLY AVERAGE
0.7300 THB

2021 ETB to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.7736. Conversely, the yearly low was recorded on December 27, dropping to 0.1481.

This high-to-low spread represents a total annual volatility of 0.6255 THB. From a start-to-finish perspective, comparing the January average rate of 0.7615 to the December average rate of 0.6726, the exchange rate registered a net change of -11.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7736 was down 23.10% compared to the 2020 peak of 1.0060, 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 3,868 THB
2020 Average 4,496 THB
Yearly Trough Low 740 THB
Transaction Impact: A difference of 3,127.58 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7703
0.6637
JanuMarcMayJulySeptNove

ETB to THB 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 0.7472, compared to 0.7128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0344 points.

H1 Avg (Jan–Jun) 0.7472
H2 Avg (Jul–Dec) 0.7128

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.5571 THB (High: 0.7052 / Low: 0.1481). On the other end, January was the most stable month, with a tight range of 0.0097 THB (High: 0.7659 / Low: 0.7563).

December Spread (Volatile) ±0.5571
January Spread (Stable) ±0.0097

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 0.0242 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.7602) against the same month in 2020 (average: 0.9831), the exchange rate shifted by -0.2229 (-22.67%).

2021 Avg (March) 0.7602
2020 Avg (March) 0.9831

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7659 0.7563 0.7615
February 0.7615 0.7435 0.7538
March 0.7736 0.7466 0.7602
April 0.7609 0.7417 0.7523
May 0.7413 0.7163 0.7331
June 0.7327 0.7131 0.7223
July 0.7452 0.7314 0.7408
August 0.7507 0.7050 0.7334
September 0.7337 0.7084 0.7175
October 0.7316 0.7007 0.7157
November 0.7128 0.6866 0.6968
December 0.7052 0.1481 0.6726