YEARLY HIGH
0.7755 MXN
YEARLY LOW
0.5057 MXN
YEARLY AVERAGE
0.6173 MXN

2020 ETB to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.7755. Conversely, the yearly low was recorded on December 30, dropping to 0.5057.

This high-to-low spread represents a total annual volatility of 0.2698 MXN. From a start-to-finish perspective, comparing the January average rate of 0.5865 to the December average rate of 0.5155, the exchange rate registered a net change of -12.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7755 was up 11.00% compared to the 2019 peak of 0.6987, 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 3,877 MXN
2019 Average 3,297 MXN
Yearly Trough Low 2,528 MXN
Transaction Impact: A difference of 1,349.03 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7545
0.4938
JanuMarcMayJulySeptNove

ETB to MXN 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 0.6560, compared to 0.5787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0773 points.

H1 Avg (Jan–Jun) 0.6560
H2 Avg (Jul–Dec) 0.5787

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1778 MXN (High: 0.7755 / Low: 0.5977). On the other end, January was the most stable month, with a tight range of 0.0093 MXN (High: 0.5917 / Low: 0.5825).

March Spread (Volatile) ±0.1778
January Spread (Stable) ±0.0093

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 May and June, when the average rate fell by 0.0459 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6847) against the same month in 2019 (average: 0.6746), the exchange rate shifted by +0.0101 (+1.50%).

2020 Avg (March) 0.6847
2019 Avg (March) 0.6746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5917 0.5825 0.5865
February 0.6063 0.5776 0.5872
March 0.7755 0.5977 0.6847
April 0.7708 0.7039 0.7328
May 0.7478 0.6480 0.6953
June 0.6779 0.6256 0.6494
July 0.6525 0.6228 0.6366
August 0.6423 0.6017 0.6198
September 0.6096 0.5692 0.5904
October 0.5943 0.5589 0.5710
November 0.5648 0.5240 0.5386
December 0.5254 0.5057 0.5155