2020 ETB to ALL Historical Review

YEARLY HIGH

3.8335 ALL

YEARLY LOW

2.4762 ALL

YEARLY AVERAGE

3.1264 ALL

2020 ETB to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 3.8335. Conversely, the yearly low was recorded on July 19, dropping to 2.4762.

This high-to-low spread represents a total annual volatility of 1.3573 ALL. From a start-to-finish perspective, comparing the January average rate of 3.4288 to the December average rate of 2.6227, the exchange rate registered a net change of -23.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.8335 was down 2.20% compared to the 2019 peak of 3.9197, 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 19,167 ALL

2019 Average 18,822 ALL

Yearly Trough Low 12,381 ALL

Transaction Impact: A difference of 6,786.64 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.5800

2.5356

JanuMarcMayJulySeptNove

ETB to ALL 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 3.4059, compared to 2.8469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5590 points.

H1 Avg (Jan–Jun) 3.4059

H2 Avg (Jul–Dec) 2.8469

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.6982 ALL (High: 3.1744 / Low: 2.4762). On the other end, September was the most stable month, with a tight range of 0.0840 ALL (High: 2.9105 / Low: 2.8264).

July Spread (Volatile) ±0.6982

September Spread (Stable) ±0.0840

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 May and June, when the average rate fell by 0.1662 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 3.3763) against the same month in 2019 (average: 3.8067), the exchange rate shifted by -0.4304 (-11.31%).

2020 Avg (May) 3.3763

2019 Avg (May) 3.8067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.4820	3.3872	3.4288
February	3.5413	3.4283	3.4876
March	3.5951	3.3244	3.4399
April	3.5516	3.3771	3.4929
May	3.8335	3.2670	3.3763
June	3.2641	3.1579	3.2101
July	3.1744	2.4762	3.0616
August	2.9995	2.8828	2.9326
September	2.9105	2.8264	2.8716
October	2.8777	2.7901	2.8327
November	2.8149	2.7172	2.7604
December	2.7076	2.5592	2.6227