2020 ETB to MRO Historical Review

YEARLY HIGH

11.2775 MRO

YEARLY LOW

9.0726 MRO

YEARLY AVERAGE

10.2576 MRO

2020 ETB to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 11.2775. Conversely, the yearly low was recorded on December 31, dropping to 9.0726.

This high-to-low spread represents a total annual volatility of 2.2049 MRO. From a start-to-finish perspective, comparing the January average rate of 11.1359 to the December average rate of 9.2246, 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 11.2775 was down 11.22% compared to the 2019 peak of 12.7031, 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 56,388 MRO

2019 Average 61,152 MRO

Yearly Trough Low 45,363 MRO

Transaction Impact: A difference of 11,024.69 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.3270

9.0335

JanuMarcMayJulySeptNove

ETB to MRO 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 10.8277, compared to 9.6876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1401 points.

H1 Avg (Jan–Jun) 10.8277

H2 Avg (Jul–Dec) 9.6876

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.3402 MRO (High: 9.7121 / Low: 9.3719). On the other end, January was the most stable month, with a tight range of 0.0927 MRO (High: 11.1728 / Low: 11.0801).

October Spread (Volatile) ±0.3402

January Spread (Stable) ±0.0927

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 August and September, when the average rate fell by 0.2425 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.2425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 11.1225) against the same month in 2019 (average: 12.5380), the exchange rate shifted by -1.4154 (-11.29%).

2020 Avg (February) 11.1225

2019 Avg (February) 12.5380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1728	11.0801	11.1359
February	11.2775	10.9974	11.1225
March	11.0393	10.8080	10.9486
April	10.9768	10.6819	10.8021
May	10.7505	10.4349	10.5793
June	10.4957	10.1847	10.3776
July	10.2557	10.1130	10.1466
August	10.2031	9.8758	9.9871
September	9.9077	9.6891	9.7447
October	9.7121	9.3719	9.5951
November	9.6399	9.3395	9.4275
December	9.3416	9.0726	9.2246