YEARLY HIGH
2.3522 INR
YEARLY LOW
1.8566 INR
YEARLY AVERAGE
2.1296 INR

2020 ETB to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 2.3522. Conversely, the yearly low was recorded on December 31, dropping to 1.8566.

This high-to-low spread represents a total annual volatility of 0.4956 INR. From a start-to-finish perspective, comparing the January average rate of 2.2231 to the December average rate of 1.9034, the exchange rate registered a net change of -14.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3522 was down 7.36% compared to the 2019 peak of 2.5390, 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 11,761 INR
2019 Average 12,059 INR
Yearly Trough Low 9,283 INR
Transaction Impact: A difference of 2,477.82 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3468
1.8630
JanuMarcMayJulySeptNove

ETB to INR 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 2.2486, compared to 2.0105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2381 points.

H1 Avg (Jan–Jun) 2.2486
H2 Avg (Jul–Dec) 2.0105

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.1182 INR (High: 2.1412 / Low: 2.0230). On the other end, January was the most stable month, with a tight range of 0.0377 INR (High: 2.2410 / Low: 2.2033).

August Spread (Volatile) ±0.1182
January Spread (Stable) ±0.0377

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 August and September, when the average rate fell by 0.0795 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.3065) against the same month in 2019 (average: 2.4110), the exchange rate shifted by -0.1044 (-4.33%).

2020 Avg (April) 2.3065
2019 Avg (April) 2.4110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2410 2.2033 2.2231
February 2.2531 2.2079 2.2303
March 2.3444 2.2311 2.2857
April 2.3522 2.2521 2.3065
May 2.2908 2.2075 2.2437
June 2.2200 2.1556 2.2024
July 2.1676 2.1116 2.1290
August 2.1412 2.0230 2.0865
September 2.0340 1.9932 2.0070
October 1.9951 1.9500 1.9772
November 1.9976 1.9316 1.9601
December 1.9314 1.8566 1.9034