2020 ETB to HKD Historical Review

YEARLY HIGH

0.2453 HKD

YEARLY LOW

0.1970 HKD

YEARLY AVERAGE

0.2229 HKD

2020 ETB to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.2453. Conversely, the yearly low was recorded on December 31, dropping to 0.1970.

This high-to-low spread represents a total annual volatility of 0.0483 HKD. From a start-to-finish perspective, comparing the January average rate of 0.2425 to the December average rate of 0.2003, the exchange rate registered a net change of -17.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2453 was down 11.99% compared to the 2019 peak of 0.2788, 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 1,227 HKD

2019 Average 1,342 HKD

Yearly Trough Low 985 HKD

Transaction Impact: A difference of 241.46 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2467

0.1961

JanuMarcMayJulySeptNove

ETB to HKD 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 0.2354, compared to 0.2103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 0.2354

H2 Avg (Jul–Dec) 0.2103

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0073 HKD (High: 0.2108 / Low: 0.2035). On the other end, January was the most stable month, with a tight range of 0.0022 HKD (High: 0.2432 / Low: 0.2410).

October Spread (Volatile) ±0.0073

January Spread (Stable) ±0.0022

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 0.0053 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.2422) against the same month in 2019 (average: 0.2756), the exchange rate shifted by -0.0334 (-12.11%).

2020 Avg (February) 0.2422

2019 Avg (February) 0.2756

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2432	0.2410	0.2425
February	0.2453	0.2401	0.2422
March	0.2409	0.2347	0.2381
April	0.2383	0.2319	0.2345
May	0.2335	0.2266	0.2298
June	0.2279	0.2211	0.2253
July	0.2227	0.2196	0.2203
August	0.2215	0.2144	0.2168
September	0.2151	0.2103	0.2116
October	0.2108	0.2035	0.2083
November	0.2094	0.2028	0.2047
December	0.2029	0.1970	0.2003