YEARLY HIGH
0.0443 CAD
YEARLY LOW
0.0324 CAD
YEARLY AVERAGE
0.0386 CAD

2020 ETB to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0443. Conversely, the yearly low was recorded on December 31, dropping to 0.0324.

This high-to-low spread represents a total annual volatility of 0.0120 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0408 to the December average rate of 0.0331, the exchange rate registered a net change of -18.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0443 was down 8.56% compared to the 2019 peak of 0.0485, 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 222 CAD
2019 Average 227 CAD
Yearly Trough Low 162 CAD
Transaction Impact: A difference of 59.92 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0437
0.0321
JanuMarcMayJulySeptNove

ETB to CAD 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 0.0414, compared to 0.0358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0414
H2 Avg (Jul–Dec) 0.0358

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0033 CAD (High: 0.0443 / Low: 0.0410). On the other end, January was the most stable month, with a tight range of 0.0008 CAD (High: 0.0413 / Low: 0.0404).

March Spread (Volatile) ±0.0033
January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0427) against the same month in 2019 (average: 0.0468), the exchange rate shifted by -0.0041 (-8.73%).

2020 Avg (March) 0.0427
2019 Avg (March) 0.0468

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0413 0.0404 0.0408
February 0.0420 0.0410 0.0414
March 0.0443 0.0410 0.0427
April 0.0435 0.0415 0.0425
May 0.0426 0.0403 0.0415
June 0.0401 0.0387 0.0394
July 0.0390 0.0379 0.0384
August 0.0383 0.0362 0.0370
September 0.0365 0.0356 0.0361
October 0.0362 0.0350 0.0355
November 0.0354 0.0340 0.0345
December 0.0338 0.0324 0.0331