YEARLY HIGH
0.6770 ETB
YEARLY LOW
0.5539 ETB
YEARLY AVERAGE
0.6179 ETB

2020 DOP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DOP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.6770. Conversely, the yearly low was recorded on March 16, dropping to 0.5539.

This high-to-low spread represents a total annual volatility of 0.1231 ETB. From a start-to-finish perspective, comparing the January average rate of 0.6028 to the December average rate of 0.6654, the exchange rate registered a net change of 10.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6770 was up 12.15% compared to the 2019 peak of 0.6036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,385 ETB
2019 Average 2,844 ETB
Yearly Trough Low 2,769 ETB
Transaction Impact: A difference of 615.49 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6726
0.5861
JanuMarcMayJulySeptNove

DOP 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 0.6037, compared to 0.6321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0284 points.

H1 Avg (Jan–Jun) 0.6037
H2 Avg (Jul–Dec) 0.6321

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0613 ETB (High: 0.6151 / Low: 0.5539). On the other end, January was the most stable month, with a tight range of 0.0066 ETB (High: 0.6064 / Low: 0.5997).

March Spread (Volatile) ±0.0613
January Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0174 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.6654) against the same month in 2019 (average: 0.5937), the exchange rate shifted by +0.0717 (+12.08%).

2020 Avg (December) 0.6654
2019 Avg (December) 0.5937

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6064 0.5997 0.6028
February 0.6069 0.5966 0.6010
March 0.6151 0.5539 0.6046
April 0.6169 0.6031 0.6097
May 0.6167 0.6051 0.6107
June 0.6086 0.5827 0.5933
July 0.6059 0.5969 0.6024
August 0.6188 0.5972 0.6114
September 0.6307 0.6171 0.6268
October 0.6505 0.6294 0.6368
November 0.6707 0.6338 0.6500
December 0.6770 0.6556 0.6654