2020 AFN to ETB Historical Review

YEARLY HIGH

0.5090 ETB

YEARLY LOW

0.4065 ETB

YEARLY AVERAGE

0.4547 ETB

2020 AFN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5090. Conversely, the yearly low was recorded on February 3, dropping to 0.4065.

This high-to-low spread represents a total annual volatility of 0.1025 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4152 to the December average rate of 0.5022, the exchange rate registered a net change of 20.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5090 was up 24.05% compared to the 2019 peak of 0.4104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,545 ETB

2019 Average 1,876 ETB

Yearly Trough Low 2,033 ETB

Transaction Impact: A difference of 512.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5109

0.4065

JanuMarcMayJulySeptNove

AFN 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 0.4301, compared to 0.4792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0491 points.

H1 Avg (Jan–Jun) 0.4301

H2 Avg (Jul–Dec) 0.4792

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0200 ETB (High: 0.4265 / Low: 0.4065). On the other end, March was the most stable month, with a tight range of 0.0072 ETB (High: 0.4320 / Low: 0.4248).

February Spread (Volatile) ±0.0200

March Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5022) against the same month in 2019 (average: 0.4008), the exchange rate shifted by +0.1014 (+25.29%).

2020 Avg (December) 0.5022

2019 Avg (December) 0.4008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4208	0.4104	0.4152
February	0.4265	0.4065	0.4173
March	0.4320	0.4248	0.4279
April	0.4398	0.4268	0.4339
May	0.4466	0.4358	0.4413
June	0.4539	0.4406	0.4452
July	0.4596	0.4506	0.4565
August	0.4695	0.4561	0.4638
September	0.4794	0.4690	0.4768
October	0.4955	0.4787	0.4841
November	0.4969	0.4816	0.4920
December	0.5090	0.4963	0.5022