YEARLY HIGH
0.1460 BRL
YEARLY LOW
0.0248 BRL
YEARLY AVERAGE
0.1235 BRL

2021 ETB to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1460. Conversely, the yearly low was recorded on December 27, dropping to 0.0248.

This high-to-low spread represents a total annual volatility of 0.1211 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1359 to the December average rate of 0.1134, the exchange rate registered a net change of -16.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1460 was down 16.64% compared to the 2020 peak of 0.1751, 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 730 BRL
2020 Average 738 BRL
Yearly Trough Low 124 BRL
Transaction Impact: A difference of 605.73 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1419
0.1108
JanuMarcMayJulySeptNove

ETB to BRL 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 0.1309, compared to 0.1161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.1309
H2 Avg (Jul–Dec) 0.1161

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0942 BRL (High: 0.1190 / Low: 0.0248). On the other end, October was the most stable month, with a tight range of 0.0044 BRL (High: 0.1204 / Low: 0.1160).

December Spread (Volatile) ±0.0942
October Spread (Stable) ±0.0044

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 April and May, when the average rate fell by 0.0097 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.1393) against the same month in 2020 (average: 0.1499), the exchange rate shifted by -0.0106 (-7.04%).

2021 Avg (March) 0.1393
2020 Avg (March) 0.1499

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1394 0.1313 0.1359
February 0.1389 0.1335 0.1360
March 0.1460 0.1329 0.1393
April 0.1392 0.1270 0.1340
May 0.1292 0.1199 0.1243
June 0.1188 0.1123 0.1157
July 0.1200 0.1145 0.1172
August 0.1192 0.1128 0.1164
September 0.1176 0.1121 0.1145
October 0.1204 0.1160 0.1183
November 0.1199 0.1135 0.1170
December 0.1190 0.0248 0.1134