2020 ANG to ETB Historical Review

YEARLY HIGH

21.9255 ETB

YEARLY LOW

17.8201 ETB

YEARLY AVERAGE

19.6554 ETB

2020 ANG to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ANG to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 21.9255. Conversely, the yearly low was recorded on February 23, dropping to 17.8201.

This high-to-low spread represents a total annual volatility of 4.1054 ETB. From a start-to-finish perspective, comparing the January average rate of 19.2441 to the December average rate of 21.5610, the exchange rate registered a net change of 12.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.9255 was up 15.64% compared to the 2019 peak of 18.9606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,628 ETB

2019 Average 81,446 ETB

Yearly Trough Low 89,100 ETB

Transaction Impact: A difference of 20,527.19 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.8945

17.8920

JanuMarcMayJulySeptNove

ANG 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 18.7580, compared to 20.5528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7948 points.

H1 Avg (Jan–Jun) 18.7580

H2 Avg (Jul–Dec) 20.5528

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 2.4833 ETB (High: 20.3034 / Low: 17.8201). On the other end, July was the most stable month, with a tight range of 0.2866 ETB (High: 19.6698 / Low: 19.3832).

February Spread (Volatile) ±2.4833

July Spread (Stable) ±0.2866

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5865 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.5865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 21.5610) against the same month in 2019 (average: 18.5083), the exchange rate shifted by +3.0527 (+16.49%).

2020 Avg (December) 21.5610

2019 Avg (December) 18.5083

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.8389	18.9436	19.2441
February	20.3034	17.8201	18.6576
March	18.5011	18.0623	18.2256
April	18.6281	18.1836	18.4478
May	19.0687	18.5042	18.8065
June	19.5259	18.9355	19.1663
July	19.6698	19.3832	19.6021
August	20.1371	19.4843	19.9169
September	20.5228	20.0828	20.4100
October	21.2228	20.4939	20.7296
November	21.2931	20.6406	21.0972
December	21.9255	21.2854	21.5610