2021 MXN to ETB Historical Review

YEARLY HIGH

10.9381 ETB

YEARLY LOW

1.8721 ETB

YEARLY AVERAGE

2.1825 ETB

2021 MXN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 10.9381. Conversely, the yearly low was recorded on March 8, dropping to 1.8721.

This high-to-low spread represents a total annual volatility of 9.0660 ETB. From a start-to-finish perspective, comparing the January average rate of 1.9741 to the December average rate of 2.6045, the exchange rate registered a net change of 31.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.9381 was up 453.12% compared to the 2020 peak of 1.9775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 546,904 ETB

2020 Average 81,882 ETB

Yearly Trough Low 93,605 ETB

Transaction Impact: A difference of 453,298.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6700

1.8845

JanuMarcMayJulySeptNove

MXN to ETB 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 2.0446, compared to 2.3204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2758 points.

H1 Avg (Jan–Jun) 2.0446

H2 Avg (Jul–Dec) 2.3204

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 8.7107 ETB (High: 10.9381 / Low: 2.2274). On the other end, July was the most stable month, with a tight range of 0.0458 ETB (High: 2.2340 / Low: 2.1882).

December Spread (Volatile) ±8.7107

July Spread (Stable) ±0.0458

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0127 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.6045) against the same month in 2020 (average: 1.9402), the exchange rate shifted by +0.6643 (+34.24%).

2021 Avg (December) 2.6045

2020 Avg (December) 1.9402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0111	1.9134	1.9741
February	2.0097	1.9268	1.9621
March	2.0062	1.8721	1.9499
April	2.1117	2.0209	2.0758
May	2.1838	2.0826	2.1351
June	2.2135	2.0944	2.1708
July	2.2340	2.1882	2.2087
August	2.2738	2.2102	2.2471
September	2.3232	2.2437	2.2997
October	2.3432	2.2312	2.2869
November	2.3309	2.1564	2.2757
December	10.9381	2.2274	2.6045