YEARLY HIGH
2.5708 KGS
YEARLY LOW
2.0678 KGS
YEARLY AVERAGE
2.2058 KGS

2020 ETB to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 2.5708. Conversely, the yearly low was recorded on December 21, dropping to 2.0678.

This high-to-low spread represents a total annual volatility of 0.5030 KGS. From a start-to-finish perspective, comparing the January average rate of 2.1710 to the December average rate of 2.1581, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5708 was up 5.15% compared to the 2019 peak of 2.4448, 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 12,854 KGS
2019 Average 11,848 KGS
Yearly Trough Low 10,339 KGS
Transaction Impact: A difference of 2,514.96 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4282
2.1269
JanuMarcMayJulySeptNove

ETB to KGS 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 2.2369, compared to 2.1748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0621 points.

H1 Avg (Jan–Jun) 2.2369
H2 Avg (Jul–Dec) 2.1748

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.3086 KGS (High: 2.5708 / Low: 2.2623). On the other end, January was the most stable month, with a tight range of 0.0212 KGS (High: 2.1798 / Low: 2.1587).

April Spread (Volatile) ±0.3086
January Spread (Stable) ±0.0212

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 0.1357 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.4031) against the same month in 2019 (average: 2.3855), the exchange rate shifted by +0.0177 (+0.74%).

2020 Avg (April) 2.4031
2019 Avg (April) 2.3855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1798 2.1587 2.1710
February 2.2009 2.1517 2.1754
March 2.4503 2.1479 2.2379
April 2.5708 2.2623 2.4031
May 2.3756 2.1545 2.2674
June 2.2176 2.1420 2.1664
July 2.2257 2.1746 2.1993
August 2.1908 2.1483 2.1661
September 2.1712 2.1262 2.1520
October 2.1900 2.1296 2.1561
November 2.2447 2.1614 2.2173
December 2.2189 2.0678 2.1581