2020 ETB to AFN Historical Review

YEARLY HIGH

2.4597 AFN

YEARLY LOW

1.9645 AFN

YEARLY AVERAGE

2.2077 AFN

2020 ETB to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.4597. Conversely, the yearly low was recorded on December 31, dropping to 1.9645.

This high-to-low spread represents a total annual volatility of 0.4953 AFN. From a start-to-finish perspective, comparing the January average rate of 2.4083 to the December average rate of 1.9914, the exchange rate registered a net change of -17.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4597 was down 13.30% compared to the 2019 peak of 2.8371, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,299 AFN

2019 Average 13,340 AFN

Yearly Trough Low 9,822 AFN

Transaction Impact: A difference of 2,476.46 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4500

1.9497

JanuMarcMayJulySeptNove

ETB to AFN 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 2.3266, compared to 2.0889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2376 points.

H1 Avg (Jan–Jun) 2.3266

H2 Avg (Jul–Dec) 2.0889

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.1151 AFN (High: 2.4597 / Low: 2.3447). On the other end, March was the most stable month, with a tight range of 0.0391 AFN (High: 2.3538 / Low: 2.3147).

February Spread (Volatile) ±0.1151

March Spread (Stable) ±0.0391

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0595 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.3967) against the same month in 2019 (average: 2.6307), the exchange rate shifted by -0.2340 (-8.90%).

2020 Avg (February) 2.3967

2019 Avg (February) 2.6307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4367	2.3764	2.4083
February	2.4597	2.3447	2.3967
March	2.3538	2.3147	2.3372
April	2.3429	2.2736	2.3047
May	2.2946	2.2390	2.2663
June	2.2695	2.2033	2.2461
July	2.2192	2.1759	2.1905
August	2.1924	2.1301	2.1561
September	2.1324	2.0857	2.0972
October	2.0890	2.0183	2.0657
November	2.0763	2.0126	2.0327
December	2.0148	1.9645	1.9914