YEARLY HIGH
1.6142 GMD
YEARLY LOW
1.3153 GMD
YEARLY AVERAGE
1.4785 GMD

2020 ETB to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.6142. Conversely, the yearly low was recorded on December 31, dropping to 1.3153.

This high-to-low spread represents a total annual volatility of 0.2990 GMD. From a start-to-finish perspective, comparing the January average rate of 1.5964 to the December average rate of 1.3374, the exchange rate registered a net change of -16.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6142 was down 8.30% compared to the 2019 peak of 1.7603, 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 8,071 GMD
2019 Average 8,578 GMD
Yearly Trough Low 6,576 GMD
Transaction Impact: A difference of 1,494.82 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6223
1.3115
JanuMarcMayJulySeptNove

ETB to GMD 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 1.5521, compared to 1.4049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1473 points.

H1 Avg (Jan–Jun) 1.5521
H2 Avg (Jul–Dec) 1.4049

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0495 GMD (High: 1.4083 / Low: 1.3588). On the other end, January was the most stable month, with a tight range of 0.0175 GMD (High: 1.6047 / Low: 1.5872).

October Spread (Volatile) ±0.0495
January Spread (Stable) ±0.0175

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 0.0365 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.5899) against the same month in 2019 (average: 1.7400), the exchange rate shifted by -0.1501 (-8.63%).

2020 Avg (February) 1.5899
2019 Avg (February) 1.7400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6047 1.5872 1.5964
February 1.6142 1.5711 1.5899
March 1.5776 1.5425 1.5617
April 1.5689 1.5266 1.5431
May 1.5486 1.5043 1.5218
June 1.5185 1.4721 1.4998
July 1.4853 1.4669 1.4710
August 1.4805 1.4330 1.4495
September 1.4381 1.4045 1.4130
October 1.4083 1.3588 1.3911
November 1.3987 1.3545 1.3671
December 1.3546 1.3153 1.3374