2020 CHF to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CHF to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CHF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 44.6177. Conversely, the yearly low was recorded on February 19, dropping to 32.5062.
This high-to-low spread represents a total annual volatility of 12.1115 ETB. From a start-to-finish perspective, comparing the January average rate of 33.0566 to the December average rate of 43.5734, the exchange rate registered a net change of 31.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 44.6177 was up 35.05% compared to the 2019 peak of 33.0379, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CHF 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 34.1741, compared to 40.4878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3138 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 2.1346 ETB (High: 44.6177 / Low: 42.4831). On the other end, January was the most stable month, with a tight range of 0.4833 ETB (High: 33.3225 / Low: 32.8392).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1580 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 43.5734) against the same month in 2019 (average: 32.0344), the exchange rate shifted by +11.5390 (+36.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.3225 | 32.8392 | 33.0566 |
| February | 33.5362 | 32.5062 | 32.8985 |
| March | 34.9209 | 33.0528 | 34.0715 |
| April | 34.5796 | 33.5537 | 34.0544 |
| May | 35.6013 | 34.1013 | 34.8341 |
| June | 37.0103 | 35.5718 | 36.1293 |
| July | 38.6769 | 36.8044 | 37.6657 |
| August | 40.0005 | 38.2999 | 39.2814 |
| September | 40.4203 | 39.4417 | 40.0243 |
| October | 41.6148 | 39.9658 | 40.7671 |
| November | 42.1581 | 41.1790 | 41.6152 |
| December | 44.6177 | 42.4831 | 43.5734 |