YEARLY HIGH
38.6228 KRW
YEARLY LOW
27.5901 KRW
YEARLY AVERAGE
33.9446 KRW

2020 ETB to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 38.6228. Conversely, the yearly low was recorded on December 31, dropping to 27.5901.

This high-to-low spread represents a total annual volatility of 11.0328 KRW. From a start-to-finish perspective, comparing the January average rate of 36.3732 to the December average rate of 28.2731, the exchange rate registered a net change of -22.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 38.6228 was down 8.42% compared to the 2019 peak of 42.1750, 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 193,114 KRW
2019 Average 199,544 KRW
Yearly Trough Low 137,950 KRW
Transaction Impact: A difference of 55,163.82 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

38.1990
27.3707
JanuMarcMayJulySeptNove

ETB to KRW 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 36.5680, compared to 31.3213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2466 points.

H1 Avg (Jan–Jun) 36.5680
H2 Avg (Jul–Dec) 31.3213

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.1270 KRW (High: 38.6228 / Low: 36.4958). On the other end, July was the most stable month, with a tight range of 0.7041 KRW (High: 34.5217 / Low: 33.8176).

March Spread (Volatile) ±2.1270
July Spread (Stable) ±0.7041

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 1.3949 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 37.2967) against the same month in 2019 (average: 39.6858), the exchange rate shifted by -2.3892 (-6.02%).

2020 Avg (March) 37.2967
2019 Avg (March) 39.6858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.2576 35.9693 36.3732
February 38.0921 36.7618 37.2273
March 38.6228 36.4958 37.2967
April 37.7087 36.2373 36.9966
May 36.9528 35.9988 36.4292
June 35.7280 34.2156 35.0848
July 34.5217 33.8176 34.0823
August 34.1360 32.6591 33.2145
September 32.9540 31.6126 32.1527
October 31.6943 29.6781 30.7578
November 30.2912 28.9487 29.4475
December 28.9512 27.5901 28.2731