2020 DJF to ETB Historical Review

YEARLY HIGH

0.2211 ETB

YEARLY LOW

0.1778 ETB

YEARLY AVERAGE

0.1963 ETB

2020 DJF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DJF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2211. Conversely, the yearly low was recorded on February 3, dropping to 0.1778.

This high-to-low spread represents a total annual volatility of 0.0432 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1801 to the December average rate of 0.2174, 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 0.2211 was up 15.40% compared to the 2019 peak of 0.1916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,105 ETB

2019 Average 821 ETB

Yearly Trough Low 889 ETB

Transaction Impact: A difference of 216.18 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2211

0.1763

JanuMarcMayJulySeptNove

DJF 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 0.1853, compared to 0.2072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.1853

H2 Avg (Jul–Dec) 0.2072

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0067 ETB (High: 0.2134 / Low: 0.2066). On the other end, January was the most stable month, with a tight range of 0.0015 ETB (High: 0.1810 / Low: 0.1795).

October Spread (Volatile) ±0.0067

January Spread (Stable) ±0.0015

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: 0.2174) against the same month in 2019 (average: 0.1769), the exchange rate shifted by +0.0405 (+22.92%).

2020 Avg (December) 0.2174

2019 Avg (December) 0.1769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1810	0.1795	0.1801
February	0.1824	0.1778	0.1803
March	0.1855	0.1817	0.1832
April	0.1877	0.1827	0.1857
May	0.1922	0.1866	0.1896
June	0.1969	0.1911	0.1932
July	0.1983	0.1954	0.1976
August	0.2030	0.1965	0.2008
September	0.2069	0.2025	0.2058
October	0.2134	0.2066	0.2090
November	0.2147	0.2081	0.2127
December	0.2211	0.2146	0.2174