YEARLY HIGH
0.1751 BRL
YEARLY LOW
0.1253 BRL
YEARLY AVERAGE
0.1475 BRL

2020 ETB to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.1751. Conversely, the yearly low was recorded on January 1, dropping to 0.1253.

This high-to-low spread represents a total annual volatility of 0.0499 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1292 to the December average rate of 0.1330, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1751 was up 21.96% compared to the 2019 peak of 0.1436, 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 876 BRL
2019 Average 675 BRL
Yearly Trough Low 626 BRL
Transaction Impact: A difference of 249.26 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1700
0.1255
JanuMarcMayJulySeptNove

ETB to BRL 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 0.1488, compared to 0.1463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1488
H2 Avg (Jul–Dec) 0.1463

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0200 BRL (High: 0.1751 / Low: 0.1551). On the other end, October was the most stable month, with a tight range of 0.0060 BRL (High: 0.1544 / Low: 0.1484).

May Spread (Volatile) ±0.0200
October Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0153 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.1663) against the same month in 2019 (average: 0.1384), the exchange rate shifted by +0.0279 (+20.15%).

2020 Avg (May) 0.1663
2019 Avg (May) 0.1384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1334 0.1253 0.1292
February 0.1390 0.1320 0.1354
March 0.1576 0.1378 0.1499
April 0.1695 0.1541 0.1609
May 0.1751 0.1551 0.1663
June 0.1601 0.1406 0.1510
July 0.1533 0.1454 0.1504
August 0.1567 0.1482 0.1524
September 0.1538 0.1427 0.1474
October 0.1544 0.1484 0.1513
November 0.1522 0.1394 0.1434
December 0.1365 0.1304 0.1330