YEARLY HIGH
0.1090 PEN
YEARLY LOW
0.0919 PEN
YEARLY AVERAGE
0.1003 PEN

2020 ETB to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1090. Conversely, the yearly low was recorded on December 29, dropping to 0.0919.

This high-to-low spread represents a total annual volatility of 0.0170 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1037 to the December average rate of 0.0930, the exchange rate registered a net change of -10.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1090 was down 9.08% compared to the 2019 peak of 0.1199, 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 545 PEN
2019 Average 571 PEN
Yearly Trough Low 460 PEN
Transaction Impact: A difference of 85.14 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1084
0.0916
JanuMarcMayJulySeptNove

ETB to PEN 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 0.1036, compared to 0.0969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.1036
H2 Avg (Jul–Dec) 0.0969

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0061 PEN (High: 0.1090 / Low: 0.1029). On the other end, February was the most stable month, with a tight range of 0.0021 PEN (High: 0.1069 / Low: 0.1048).

March Spread (Volatile) ±0.0061
February Spread (Stable) ±0.0021

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 March and April, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1070) against the same month in 2019 (average: 0.1158), the exchange rate shifted by -0.0088 (-7.63%).

2020 Avg (March) 0.1070
2019 Avg (March) 0.1158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1055 0.1032 0.1037
February 0.1069 0.1048 0.1056
March 0.1090 0.1029 0.1070
April 0.1052 0.1011 0.1029
May 0.1028 0.1003 0.1012
June 0.1038 0.0992 0.1010
July 0.1014 0.0990 0.0999
August 0.1008 0.0979 0.0996
September 0.0985 0.0959 0.0970
October 0.0985 0.0950 0.0966
November 0.0970 0.0940 0.0953
December 0.0944 0.0919 0.0930