2020 ETB to MVR Historical Review

YEARLY HIGH

0.4884 MVR

YEARLY LOW

0.3914 MVR

YEARLY AVERAGE

0.4433 MVR

2020 ETB to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.4884. Conversely, the yearly low was recorded on December 31, dropping to 0.3914.

This high-to-low spread represents a total annual volatility of 0.0970 MVR. From a start-to-finish perspective, comparing the January average rate of 0.4821 to the December average rate of 0.3983, the exchange rate registered a net change of -17.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4884 was down 11.27% compared to the 2019 peak of 0.5504, 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 2,442 MVR

2019 Average 2,645 MVR

Yearly Trough Low 1,957 MVR

Transaction Impact: A difference of 485.05 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4905

0.3899

JanuMarcMayJulySeptNove

ETB to MVR 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 0.4685, compared to 0.4181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0505 points.

H1 Avg (Jan–Jun) 0.4685

H2 Avg (Jul–Dec) 0.4181

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0150 MVR (High: 0.4666 / Low: 0.4516). On the other end, January was the most stable month, with a tight range of 0.0040 MVR (High: 0.4838 / Low: 0.4798).

May Spread (Volatile) ±0.0150

January Spread (Stable) ±0.0040

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 June and July, when the average rate fell by 0.0111 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.4814) against the same month in 2019 (average: 0.5430), the exchange rate shifted by -0.0615 (-11.33%).

2020 Avg (February) 0.4814

2019 Avg (February) 0.5430

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4838	0.4798	0.4821
February	0.4884	0.4769	0.4814
March	0.4798	0.4662	0.4738
April	0.4737	0.4623	0.4666
May	0.4666	0.4516	0.4586
June	0.4536	0.4396	0.4489
July	0.4424	0.4362	0.4378
August	0.4404	0.4263	0.4310
September	0.4277	0.4182	0.4205
October	0.4190	0.4043	0.4141
November	0.4158	0.4031	0.4068
December	0.4039	0.3914	0.3983