YEARLY HIGH
19.6746 ETB
YEARLY LOW
15.8279 ETB
YEARLY AVERAGE
17.4716 ETB

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.

Transfer Payout Power Comparison

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

Yearly Peak High 98,373 ETB
2019 Average 73,031 ETB
Yearly Trough Low 79,140 ETB
Transaction Impact: A difference of 19,233.56 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.6848
15.6970
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 16.4971
H2 Avg (Jul–Dec) 18.4461

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±0.6672
January Spread (Stable) ±0.1337

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: 19.3525) against the same month in 2019 (average: 15.7425), the exchange rate shifted by +3.6100 (+22.93%).

2020 Avg (December) 19.3525
2019 Avg (December) 15.7425

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