YEARLY HIGH
519.8139 IDR
YEARLY LOW
354.6769 IDR
YEARLY AVERAGE
417.8826 IDR

2020 ETB to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 519.8139. Conversely, the yearly low was recorded on December 31, dropping to 354.6769.

This high-to-low spread represents a total annual volatility of 165.1370 IDR. From a start-to-finish perspective, comparing the January average rate of 427.9716 to the December average rate of 364.7280, the exchange rate registered a net change of -14.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 519.8139 was up 1.69% compared to the 2019 peak of 511.1831, 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 2,599,070 IDR
2019 Average 2,421,651 IDR
Yearly Trough Low 1,773,385 IDR
Transaction Impact: A difference of 825,684.93 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

487.9132
353.5294
JanuMarcMayJulySeptNove

ETB to IDR 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 441.8541, compared to 393.9110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 47.9432 points.

H1 Avg (Jan–Jun) 441.8541
H2 Avg (Jul–Dec) 393.9110

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 88.6789 IDR (High: 519.8139 / Low: 431.1350). On the other end, February was the most stable month, with a tight range of 9.2367 IDR (High: 434.1984 / Low: 424.9617).

March Spread (Volatile) ±88.6789
February Spread (Stable) ±9.2367

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 36.7402 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -36.7402

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 465.2719) against the same month in 2019 (average: 498.1466), the exchange rate shifted by -32.8747 (-6.60%).

2020 Avg (March) 465.2719
2019 Avg (March) 498.1466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 435.2173 413.3984 427.9716
February 434.1984 424.9617 428.3579
March 519.8139 431.1350 465.2719
April 503.6097 454.3266 476.7145
May 463.7953 427.7505 439.9743
June 426.4122 404.0809 412.8345
July 423.2139 405.6789 412.8039
August 418.1037 402.0793 410.9207
September 410.9408 399.7075 404.7561
October 403.5833 384.7672 395.1969
November 387.1843 368.6103 375.0602
December 370.9199 354.6769 364.7280