YEARLY HIGH
0.4368 ETB
YEARLY LOW
0.1273 ETB
YEARLY AVERAGE
0.3606 ETB

2020 CVE to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4368. Conversely, the yearly low was recorded on March 18, dropping to 0.1273.

This high-to-low spread represents a total annual volatility of 0.3095 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3217 to the December average rate of 0.4257, the exchange rate registered a net change of 32.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4368 was up 34.82% compared to the 2019 peak of 0.3240, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,184 ETB
2019 Average 1,478 ETB
Yearly Trough Low 636 ETB
Transaction Impact: A difference of 1,547.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4367
0.3055
JanuMarcMayJulySeptNove

CVE 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 0.3274, compared to 0.3938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0664 points.

H1 Avg (Jan–Jun) 0.3274
H2 Avg (Jul–Dec) 0.3938

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2061 ETB (High: 0.3334 / Low: 0.1273). On the other end, January was the most stable month, with a tight range of 0.0075 ETB (High: 0.3252 / Low: 0.3177).

March Spread (Volatile) ±0.2061
January Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0052 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4257) against the same month in 2019 (average: 0.3157), the exchange rate shifted by +0.1100 (+34.85%).

2020 Avg (December) 0.4257
2019 Avg (December) 0.3157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3252 0.3177 0.3217
February 0.3206 0.3114 0.3164
March 0.3334 0.1273 0.3189
April 0.3294 0.3180 0.3245
May 0.3437 0.3246 0.3329
June 0.3553 0.3442 0.3496
July 0.3756 0.3511 0.3634
August 0.3902 0.3728 0.3829
September 0.3960 0.3853 0.3904
October 0.4025 0.3890 0.3955
November 0.4137 0.3969 0.4049
December 0.4368 0.4156 0.4257