2020 AZN to ETB Historical Review

YEARLY HIGH

23.1127 ETB

YEARLY LOW

18.5938 ETB

YEARLY AVERAGE

20.5246 ETB

2020 AZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 23.1127. Conversely, the yearly low was recorded on February 3, dropping to 18.5938.

This high-to-low spread represents a total annual volatility of 4.5189 ETB. From a start-to-finish perspective, comparing the January average rate of 18.8304 to the December average rate of 22.7342, the exchange rate registered a net change of 20.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.1127 was up 23.12% compared to the 2019 peak of 18.7729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115,563 ETB

2019 Average 85,793 ETB

Yearly Trough Low 92,969 ETB

Transaction Impact: A difference of 22,594.49 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

23.1246

18.4400

JanuMarcMayJulySeptNove

AZN 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 19.3799, compared to 21.6694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2895 points.

H1 Avg (Jan–Jun) 19.3799

H2 Avg (Jul–Dec) 21.6694

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.7838 ETB (High: 22.3746 / Low: 21.5908). On the other end, January was the most stable month, with a tight range of 0.1570 ETB (High: 18.9251 / Low: 18.7681).

October Spread (Volatile) ±0.7838

January Spread (Stable) ±0.1570

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: 22.7342) against the same month in 2019 (average: 18.4934), the exchange rate shifted by +4.2409 (+22.93%).

2020 Avg (December) 22.7342

2019 Avg (December) 18.4934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.9251	18.7681	18.8304
February	19.0674	18.5938	18.8533
March	19.4015	18.9949	19.1530
April	19.6306	19.1032	19.4132
May	20.0952	19.5053	19.8226
June	20.5888	19.9789	20.2067
July	20.7349	20.4464	20.6664
August	21.2328	20.5517	20.9978
September	21.6420	21.1645	21.5191
October	22.3746	21.5908	21.8554
November	22.4521	21.7524	22.2433
December	23.1127	22.4472	22.7342