2021 PEN to ETB Historical Review

YEARLY HIGH

56.7025 ETB

YEARLY LOW

10.7530 ETB

YEARLY AVERAGE

11.4025 ETB

2021 PEN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 56.7025. Conversely, the yearly low was recorded on March 27, dropping to 10.7530.

This high-to-low spread represents a total annual volatility of 45.9495 ETB. From a start-to-finish perspective, comparing the January average rate of 10.8662 to the December average rate of 13.4609, the exchange rate registered a net change of 23.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 56.7025 was up 421.36% compared to the 2020 peak of 10.8758, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 283,513 ETB

2020 Average 49,967 ETB

Yearly Trough Low 53,765 ETB

Transaction Impact: A difference of 229,747.26 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.7204

10.6068

JanuMarcMayJulySeptNove

PEN 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 11.0720, compared to 11.7329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6609 points.

H1 Avg (Jan–Jun) 11.0720

H2 Avg (Jul–Dec) 11.7329

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 44.9364 ETB (High: 56.7025 / Low: 11.7661). On the other end, January was the most stable month, with a tight range of 0.1011 ETB (High: 10.9225 / Low: 10.8214).

December Spread (Volatile) ±44.9364

January Spread (Stable) ±0.1011

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1970 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 13.4609) against the same month in 2020 (average: 10.7491), the exchange rate shifted by +2.7118 (+25.23%).

2021 Avg (December) 13.4609

2020 Avg (December) 10.7491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9225	10.8214	10.8662
February	11.0636	10.8244	10.9269
March	11.1401	10.7530	10.9222
April	11.5826	10.9645	11.2865
May	11.6239	11.0495	11.3136
June	11.3183	10.9346	11.1166
July	11.3225	11.0209	11.1921
August	11.2887	10.8919	11.0660
September	11.3233	11.1264	11.2132
October	11.9661	11.1635	11.6440
November	11.9761	11.7246	11.8214
December	56.7025	11.7661	13.4609

2021 PEN నుండి ETB చారిత్రక సమీక్ష