2020 ETB to PHP Historical Review

YEARLY HIGH

1.6073 PHP

YEARLY LOW

1.2202 PHP

YEARLY AVERAGE

1.4273 PHP

2020 ETB to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.6073. Conversely, the yearly low was recorded on December 31, dropping to 1.2202.

This high-to-low spread represents a total annual volatility of 0.3871 PHP. From a start-to-finish perspective, comparing the January average rate of 1.5856 to the December average rate of 1.2424, the exchange rate registered a net change of -21.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6073 was down 13.99% compared to the 2019 peak of 1.8687, 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 8,037 PHP

2019 Average 8,870 PHP

Yearly Trough Low 6,101 PHP

Transaction Impact: A difference of 1,935.50 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6200

1.2081

JanuMarcMayJulySeptNove

ETB to PHP 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 1.5358, compared to 1.3188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2170 points.

H1 Avg (Jan–Jun) 1.5358

H2 Avg (Jul–Dec) 1.3188

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0681 PHP (High: 1.4047 / Low: 1.3367). On the other end, January was the most stable month, with a tight range of 0.0278 PHP (High: 1.5960 / Low: 1.5682).

August Spread (Volatile) ±0.0681

January Spread (Stable) ±0.0278

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 0.0507 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.5829) against the same month in 2019 (average: 1.8330), the exchange rate shifted by -0.2501 (-13.65%).

2020 Avg (February) 1.5829

2019 Avg (February) 1.8330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5960	1.5682	1.5856
February	1.6073	1.5719	1.5829
March	1.5806	1.5389	1.5615
April	1.5620	1.5050	1.5328
May	1.5249	1.4732	1.4972
June	1.4705	1.4215	1.4550
July	1.4313	1.3940	1.4043
August	1.4047	1.3367	1.3645
September	1.3486	1.3144	1.3243
October	1.3183	1.2716	1.3036
November	1.2989	1.2586	1.2740
December	1.2577	1.2202	1.2424