2020 ETB to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ETB to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ETB to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 10.3239. Conversely, the yearly low was recorded on December 17, dropping to 7.4722.
This high-to-low spread represents a total annual volatility of 2.8517 HUF. From a start-to-finish perspective, comparing the January average rate of 9.3863 to the December average rate of 7.6190, the exchange rate registered a net change of -18.83% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 10.3239 was down 1.77% compared to the 2019 peak of 10.5095, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ETB to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.5073, compared to 8.2044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3029 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.1490 HUF (High: 10.2432 / Low: 9.0942). On the other end, August was the most stable month, with a tight range of 0.2071 HUF (High: 8.3546 / Low: 8.1475).
Growth Streaks & Declines
TrendsNo 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 0.5508 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 9.9289) against the same month in 2019 (average: 9.9328), the exchange rate shifted by -0.0039 (-0.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.5932 | 9.1936 | 9.3863 |
| February | 9.8030 | 9.4692 | 9.6329 |
| March | 10.2432 | 9.0942 | 9.5839 |
| April | 10.3239 | 9.6448 | 9.9289 |
| May | 9.7745 | 9.1212 | 9.5314 |
| June | 9.3169 | 8.7978 | 8.9805 |
| July | 9.0052 | 8.2705 | 8.7098 |
| August | 8.3546 | 8.1475 | 8.2456 |
| September | 8.5235 | 8.1468 | 8.3472 |
| October | 8.3896 | 8.1190 | 8.2781 |
| November | 8.3312 | 7.8819 | 8.0266 |
| December | 7.7669 | 7.4722 | 7.6190 |