2020 BBD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BBD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BBD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 19.6746. Conversely, the yearly low was recorded on February 3, dropping to 15.8279.
This high-to-low spread represents a total annual volatility of 3.8467 ETB. From a start-to-finish perspective, comparing the January average rate of 16.0293 to the December average rate of 19.3525, 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 19.6746 was up 23.12% compared to the 2019 peak of 15.9804, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BBD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.4971, compared to 18.4461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9489 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 0.6672 ETB (High: 19.0464 / Low: 18.3791). On the other end, January was the most stable month, with a tight range of 0.1337 ETB (High: 16.1100 / Low: 15.9763).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 19.3525) against the same month in 2019 (average: 15.7425), the exchange rate shifted by +3.6100 (+22.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.1100 | 15.9763 | 16.0293 |
| February | 16.2311 | 15.8279 | 16.0489 |
| March | 16.5156 | 16.1694 | 16.3040 |
| April | 16.7105 | 16.2616 | 16.5255 |
| May | 17.1060 | 16.6039 | 16.8740 |
| June | 17.5262 | 17.0070 | 17.2009 |
| July | 17.6506 | 17.4050 | 17.5923 |
| August | 18.0744 | 17.4946 | 17.8744 |
| September | 18.4227 | 18.0163 | 18.3181 |
| October | 19.0464 | 18.3791 | 18.6044 |
| November | 19.1124 | 18.5167 | 18.9346 |
| December | 19.6746 | 19.1082 | 19.3525 |