YEARLY HIGH
1879.9149 IRR
YEARLY LOW
1070.0319 IRR
YEARLY AVERAGE
1211.7436 IRR

2020 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 1879.9149. Conversely, the yearly low was recorded on December 31, dropping to 1070.0319.

This high-to-low spread represents a total annual volatility of 809.8830 IRR. From a start-to-finish perspective, comparing the January average rate of 1313.4123 to the December average rate of 1087.9850, the exchange rate registered a net change of -17.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1879.9149 was up 23.22% compared to the 2019 peak of 1525.6522, 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 9,399,574 IRR
2019 Average 7,220,990 IRR
Yearly Trough Low 5,350,159 IRR
Transaction Impact: A difference of 4,049,415.19 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1335.9550
1065.4423
JanuMarcMayJulySeptNove

ETB to IRR 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 1277.2022, compared to 1146.2850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 130.9172 points.

H1 Avg (Jan–Jun) 1277.2022
H2 Avg (Jul–Dec) 1146.2850

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 687.1794 IRR (High: 1879.9149 / Low: 1192.7355). On the other end, January was the most stable month, with a tight range of 10.9320 IRR (High: 1317.7291 / Low: 1306.7970).

July Spread (Volatile) ±687.1794
January Spread (Stable) ±10.9320

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 July and August, when the average rate fell by 41.0412 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -41.0412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 1218.9154) against the same month in 2019 (average: 1453.5746), the exchange rate shifted by -234.6592 (-16.14%).

2020 Avg (July) 1218.9154
2019 Avg (July) 1453.5746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1317.7291 1306.7970 1313.4123
February 1330.0849 1297.0471 1311.9154
March 1301.9938 1274.7063 1291.7010
April 1294.5638 1259.8334 1274.0049
May 1267.9274 1230.7085 1248.0489
June 1239.1941 1203.3032 1224.1310
July 1879.9149 1192.7355 1218.9154
August 1203.3713 1164.4793 1177.8742
September 1168.5347 1142.7471 1149.2946
October 1145.4558 1105.3295 1131.6591
November 1136.9457 1101.5115 1111.9820
December 1101.7535 1070.0319 1087.9850