2020 ETB to KES Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ETB to KES Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ETB to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 3.2786. Conversely, the yearly low was recorded on December 28, dropping to 2.7694.
This high-to-low spread represents a total annual volatility of 0.5092 KES. From a start-to-finish perspective, comparing the January average rate of 3.1533 to the December average rate of 2.8555, the exchange rate registered a net change of -9.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 3.2786 was down 9.56% compared to the 2019 peak of 3.6253, 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 KES 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 3.1589, compared to 2.9497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2093 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.1458 KES (High: 3.2608 / Low: 3.1150). On the other end, January was the most stable month, with a tight range of 0.0493 KES (High: 3.1755 / Low: 3.1262).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0692 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2020: 3.2210) against the same month in 2019 (average: 3.5109), the exchange rate shifted by -0.2899 (-8.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.1755 | 3.1262 | 3.1533 |
| February | 3.1741 | 3.1159 | 3.1415 |
| March | 3.2608 | 3.1150 | 3.1828 |
| April | 3.2786 | 3.1827 | 3.2210 |
| May | 3.2301 | 3.1201 | 3.1620 |
| June | 3.1325 | 3.0394 | 3.0928 |
| July | 3.0867 | 3.0270 | 3.0503 |
| August | 3.0795 | 2.9914 | 3.0248 |
| September | 3.0084 | 2.9442 | 2.9599 |
| October | 2.9501 | 2.8562 | 2.9202 |
| November | 2.9435 | 2.8565 | 2.8871 |
| December | 2.9097 | 2.7694 | 2.8555 |