YEARLY HIGH
0.0290 EUR
YEARLY LOW
0.0207 EUR
YEARLY AVERAGE
0.0253 EUR

2020 ETB to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.0290. Conversely, the yearly low was recorded on December 30, dropping to 0.0207.

This high-to-low spread represents a total annual volatility of 0.0083 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0281 to the December average rate of 0.0212, the exchange rate registered a net change of -24.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0290 was down 7.76% compared to the 2019 peak of 0.0314, 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 145 EUR
2019 Average 153 EUR
Yearly Trough Low 103 EUR
Transaction Impact: A difference of 41.54 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0293
0.0205
JanuMarcMayJulySeptNove

ETB to EUR 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 0.0275, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0275
H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0016 EUR (High: 0.0255 / Low: 0.0240). On the other end, September was the most stable month, with a tight range of 0.0006 EUR (High: 0.0235 / Low: 0.0229).

July Spread (Volatile) ±0.0016
September Spread (Stable) ±0.0006

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 May and June, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0285) against the same month in 2019 (average: 0.0309), the exchange rate shifted by -0.0024 (-7.76%).

2020 Avg (February) 0.0285
2019 Avg (February) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0284 0.0278 0.0281
February 0.0290 0.0280 0.0285
March 0.0286 0.0271 0.0277
April 0.0283 0.0274 0.0278
May 0.0278 0.0263 0.0271
June 0.0263 0.0254 0.0258
July 0.0255 0.0240 0.0248
August 0.0243 0.0232 0.0236
September 0.0235 0.0229 0.0232
October 0.0232 0.0225 0.0228
November 0.0227 0.0220 0.0223
December 0.0217 0.0207 0.0212