YEARLY HIGH
0.0645 ETB
YEARLY LOW
0.0558 ETB
YEARLY AVERAGE
0.0597 ETB

2020 CRC to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CRC to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0645. Conversely, the yearly low was recorded on January 13, dropping to 0.0558.

This high-to-low spread represents a total annual volatility of 0.0087 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0564 to the December average rate of 0.0639, the exchange rate registered a net change of 13.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0645 was up 14.61% compared to the 2019 peak of 0.0563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 323 ETB
2019 Average 249 ETB
Yearly Trough Low 279 ETB
Transaction Impact: A difference of 43.49 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0647
0.0556
JanuMarcMayJulySeptNove

CRC 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 0.0578, compared to 0.0616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0578
H2 Avg (Jul–Dec) 0.0616

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0030 ETB (High: 0.0636 / Low: 0.0606). On the other end, July was the most stable month, with a tight range of 0.0007 ETB (High: 0.0607 / Low: 0.0600).

November Spread (Volatile) ±0.0030
July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0639) against the same month in 2019 (average: 0.0555), the exchange rate shifted by +0.0084 (+15.13%).

2020 Avg (December) 0.0639
2019 Avg (December) 0.0555

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0569 0.0558 0.0564
February 0.0569 0.0559 0.0564
March 0.0582 0.0564 0.0572
April 0.0589 0.0566 0.0580
May 0.0601 0.0584 0.0593
June 0.0605 0.0586 0.0597
July 0.0607 0.0600 0.0604
August 0.0607 0.0599 0.0603
September 0.0617 0.0604 0.0613
October 0.0628 0.0610 0.0617
November 0.0636 0.0606 0.0622
December 0.0645 0.0633 0.0639