YEARLY HIGH
39.3493 ETB
YEARLY LOW
31.6559 ETB
YEARLY AVERAGE
34.9432 ETB

2020 BMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 39.3493. Conversely, the yearly low was recorded on February 3, dropping to 31.6559.

This high-to-low spread represents a total annual volatility of 7.6934 ETB. From a start-to-finish perspective, comparing the January average rate of 32.0587 to the December average rate of 38.7051, 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 39.3493 was up 23.12% compared to the 2019 peak of 31.9608, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 196,746 ETB
2019 Average 146,063 ETB
Yearly Trough Low 158,279 ETB
Transaction Impact: A difference of 38,467.12 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

39.3697
31.3941
JanuMarcMayJulySeptNove

BMD 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 32.9942, compared to 36.8921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8979 points.

H1 Avg (Jan–Jun) 32.9942
H2 Avg (Jul–Dec) 36.8921

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 1.3344 ETB (High: 38.0927 / Low: 36.7583). On the other end, January was the most stable month, with a tight range of 0.2673 ETB (High: 32.2200 / Low: 31.9527).

October Spread (Volatile) ±1.3344
January Spread (Stable) ±0.2673

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: 38.7051) against the same month in 2019 (average: 31.4850), the exchange rate shifted by +7.2201 (+22.93%).

2020 Avg (December) 38.7051
2019 Avg (December) 31.4850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.2200 31.9527 32.0587
February 32.4622 31.6559 32.0978
March 33.0311 32.3389 32.6081
April 33.4211 32.5231 33.0510
May 34.2120 33.2077 33.7480
June 35.0525 34.0140 34.4019
July 35.3012 34.8100 35.1845
August 36.1488 34.9892 35.7488
September 36.8454 36.0326 36.6362
October 38.0927 36.7583 37.2088
November 38.2247 37.0334 37.8691
December 39.3493 38.2164 38.7051