2020 ETB to BTN Historical Review

YEARLY HIGH

2.3422 BTN

YEARLY LOW

1.8565 BTN

YEARLY AVERAGE

2.1277 BTN

2020 ETB to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 2.3422. Conversely, the yearly low was recorded on December 31, dropping to 1.8565.

This high-to-low spread represents a total annual volatility of 0.4857 BTN. From a start-to-finish perspective, comparing the January average rate of 2.2219 to the December average rate of 1.9025, the exchange rate registered a net change of -14.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3422 was down 7.77% compared to the 2019 peak of 2.5397, 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 11,711 BTN

2019 Average 12,050 BTN

Yearly Trough Low 9,283 BTN

Transaction Impact: A difference of 2,428.65 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3439

1.8624

JanuMarcMayJulySeptNove

ETB to BTN 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 2.2455, compared to 2.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2357 points.

H1 Avg (Jan–Jun) 2.2455

H2 Avg (Jul–Dec) 2.0098

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1081 BTN (High: 2.3347 / Low: 2.2266). On the other end, January was the most stable month, with a tight range of 0.0367 BTN (High: 2.2429 / Low: 2.2061).

March Spread (Volatile) ±0.1081

January Spread (Stable) ±0.0367

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0822 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.3037) against the same month in 2019 (average: 2.4133), the exchange rate shifted by -0.1096 (-4.54%).

2020 Avg (April) 2.3037

2019 Avg (April) 2.4133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2429	2.2061	2.2219
February	2.2571	2.2062	2.2264
March	2.3347	2.2266	2.2791
April	2.3422	2.2670	2.3037
May	2.2809	2.2084	2.2403
June	2.2203	2.1564	2.2015
July	2.1722	2.1138	2.1298
August	2.1359	2.0279	2.0859
September	2.0278	1.9820	2.0036
October	2.0046	1.9558	1.9764
November	2.0009	1.9319	1.9608
December	1.9311	1.8565	1.9025