2020 ETB to NAD Historical Review

YEARLY HIGH

0.5800 NAD

YEARLY LOW

0.3725 NAD

YEARLY AVERAGE

0.4736 NAD

2020 ETB to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.5800. Conversely, the yearly low was recorded on December 27, dropping to 0.3725.

This high-to-low spread represents a total annual volatility of 0.2076 NAD. From a start-to-finish perspective, comparing the January average rate of 0.4478 to the December average rate of 0.3845, the exchange rate registered a net change of -14.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5800 was down 54.53% compared to the 2019 peak of 1.2757, 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 2,900 NAD

2019 Average 2,484 NAD

Yearly Trough Low 1,862 NAD

Transaction Impact: A difference of 1,037.82 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5792

0.3667

JanuMarcMayJulySeptNove

ETB to NAD 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 0.5037, compared to 0.4436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0601 points.

H1 Avg (Jan–Jun) 0.5037

H2 Avg (Jul–Dec) 0.4436

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0698 NAD (High: 0.5437 / Low: 0.4739). On the other end, February was the most stable month, with a tight range of 0.0156 NAD (High: 0.4760 / Low: 0.4604).

March Spread (Volatile) ±0.0698

February Spread (Stable) ±0.0156

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 0.0413 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.5615) against the same month in 2019 (average: 0.4921), the exchange rate shifted by +0.0694 (+14.11%).

2020 Avg (April) 0.5615

2019 Avg (April) 0.4921

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4604	0.4371	0.4478
February	0.4760	0.4604	0.4665
March	0.5437	0.4739	0.5099
April	0.5800	0.5403	0.5615
May	0.5634	0.5115	0.5389
June	0.5106	0.4815	0.4976
July	0.4901	0.4670	0.4760
August	0.4965	0.4698	0.4851
September	0.4734	0.4421	0.4586
October	0.4913	0.4274	0.4468
November	0.4315	0.3997	0.4106
December	0.4018	0.3725	0.3845