YEARLY HIGH
56.5271 CDF
YEARLY LOW
38.8052 CDF
YEARLY AVERAGE
52.9627 CDF

2020 ETB to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 56.5271. Conversely, the yearly low was recorded on December 6, dropping to 38.8052.

This high-to-low spread represents a total annual volatility of 17.7219 CDF. From a start-to-finish perspective, comparing the January average rate of 52.6094 to the December average rate of 50.5050, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 56.5271 was down 3.39% compared to the 2019 peak of 58.5128, 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 282,635 CDF
2019 Average 283,066 CDF
Yearly Trough Low 194,026 CDF
Transaction Impact: A difference of 88,609.60 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

55.7832
50.0251
JanuMarcMayJulySeptNove

ETB to CDF 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 52.8168, compared to 53.1085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2917 points.

H1 Avg (Jan–Jun) 52.8168
H2 Avg (Jul–Dec) 53.1085

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 12.7318 CDF (High: 51.5370 / Low: 38.8052). On the other end, January was the most stable month, with a tight range of 0.5369 CDF (High: 52.8336 / Low: 52.2967).

December Spread (Volatile) ±12.7318
January Spread (Stable) ±0.5369

Growth Streaks & Declines

Trends

Between April and July, 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 November and December, when the average rate fell by 1.4199 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 54.4275) against the same month in 2019 (average: 57.1321), the exchange rate shifted by -2.7046 (-4.73%).

2020 Avg (June) 54.4275
2019 Avg (June) 57.1321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.8336 52.2967 52.6094
February 53.4269 52.2127 52.6678
March 52.6468 51.7987 52.2748
April 52.9254 51.6536 51.9907
May 53.7509 51.3098 52.9309
June 56.5271 53.1915 54.4275
July 56.1852 54.3670 55.3033
August 56.1933 53.9778 54.9289
September 54.3969 53.2093 53.5766
October 53.3967 48.7286 52.4125
November 53.0749 51.4306 51.9249
December 51.5370 38.8052 50.5050