YEARLY HIGH
0.2218 CNY
YEARLY LOW
0.1658 CNY
YEARLY AVERAGE
0.1986 CNY

2020 ETB to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.2218. Conversely, the yearly low was recorded on December 30, dropping to 0.1658.

This high-to-low spread represents a total annual volatility of 0.0560 CNY. From a start-to-finish perspective, comparing the January average rate of 0.2160 to the December average rate of 0.1690, the exchange rate registered a net change of -21.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2218 was down 10.05% compared to the 2019 peak of 0.2466, 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 1,109 CNY
2019 Average 1,183 CNY
Yearly Trough Low 829 CNY
Transaction Impact: A difference of 279.92 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2229
0.1641
JanuMarcMayJulySeptNove

ETB to CNY 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 0.2133, compared to 0.1839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0294 points.

H1 Avg (Jan–Jun) 0.2133
H2 Avg (Jul–Dec) 0.1839

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0094 CNY (High: 0.1994 / Low: 0.1899). On the other end, January was the most stable month, with a tight range of 0.0035 CNY (High: 0.2177 / Low: 0.2143).

August Spread (Volatile) ±0.0094
January Spread (Stable) ±0.0035

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 0.0079 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.2180) against the same month in 2019 (average: 0.2367), the exchange rate shifted by -0.0188 (-7.93%).

2020 Avg (February) 0.2180
2019 Avg (February) 0.2367

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2177 0.2143 0.2160
February 0.2218 0.2161 0.2180
March 0.2177 0.2135 0.2155
April 0.2175 0.2117 0.2140
May 0.2137 0.2086 0.2105
June 0.2082 0.2016 0.2059
July 0.2031 0.1978 0.1993
August 0.1994 0.1899 0.1939
September 0.1899 0.1842 0.1860
October 0.1847 0.1763 0.1807
November 0.1785 0.1720 0.1744
December 0.1720 0.1658 0.1690