2020 ETB to AZN Historical Review

YEARLY HIGH

0.0538 AZN

YEARLY LOW

0.0433 AZN

YEARLY AVERAGE

0.0489 AZN

2020 ETB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0538. Conversely, the yearly low was recorded on December 31, dropping to 0.0433.

This high-to-low spread represents a total annual volatility of 0.0105 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0531 to the December average rate of 0.0440, the exchange rate registered a net change of -17.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0538 was down 11.22% compared to the 2019 peak of 0.0606, 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 269 AZN

2019 Average 292 AZN

Yearly Trough Low 216 AZN

Transaction Impact: A difference of 52.58 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0540

0.0431

JanuMarcMayJulySeptNove

ETB to AZN 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 0.0516, compared to 0.0462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0516

H2 Avg (Jul–Dec) 0.0462

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0016 AZN (High: 0.0463 / Low: 0.0447). On the other end, January was the most stable month, with a tight range of 0.0004 AZN (High: 0.0533 / Low: 0.0528).

October Spread (Volatile) ±0.0016

January Spread (Stable) ±0.0004

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 August and September, when the average rate fell by 0.0012 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0530) against the same month in 2019 (average: 0.0598), the exchange rate shifted by -0.0068 (-11.29%).

2020 Avg (February) 0.0530

2019 Avg (February) 0.0598

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0533	0.0528	0.0531
February	0.0538	0.0524	0.0530
March	0.0526	0.0515	0.0522
April	0.0523	0.0509	0.0515
May	0.0513	0.0498	0.0505
June	0.0501	0.0486	0.0495
July	0.0489	0.0482	0.0484
August	0.0487	0.0471	0.0476
September	0.0472	0.0462	0.0465
October	0.0463	0.0447	0.0458
November	0.0460	0.0445	0.0450
December	0.0445	0.0433	0.0440