YEARLY HIGH
0.1150 QAR
YEARLY LOW
0.0925 QAR
YEARLY AVERAGE
0.1046 QAR

2020 ETB to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.1150. Conversely, the yearly low was recorded on December 31, dropping to 0.0925.

This high-to-low spread represents a total annual volatility of 0.0225 QAR. From a start-to-finish perspective, comparing the January average rate of 0.1136 to the December average rate of 0.0941, the exchange rate registered a net change of -17.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1150 was down 11.24% compared to the 2019 peak of 0.1296, 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 575 QAR
2019 Average 624 QAR
Yearly Trough Low 463 QAR
Transaction Impact: A difference of 112.34 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1155
0.0922
JanuMarcMayJulySeptNove

ETB to QAR 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 0.1104, compared to 0.0988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.1104
H2 Avg (Jul–Dec) 0.0988

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0035 QAR (High: 0.0991 / Low: 0.0956). On the other end, January was the most stable month, with a tight range of 0.0009 QAR (High: 0.1139 / Low: 0.1130).

October Spread (Volatile) ±0.0035
January Spread (Stable) ±0.0009

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 August and September, when the average rate fell by 0.0025 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.1134) against the same month in 2019 (average: 0.1279), the exchange rate shifted by -0.0144 (-11.29%).

2020 Avg (February) 0.1134
2019 Avg (February) 0.1279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1139 0.1130 0.1136
February 0.1150 0.1122 0.1134
March 0.1126 0.1102 0.1117
April 0.1120 0.1089 0.1102
May 0.1096 0.1064 0.1079
June 0.1070 0.1039 0.1058
July 0.1046 0.1031 0.1035
August 0.1042 0.1007 0.1019
September 0.1010 0.0988 0.0994
October 0.0991 0.0956 0.0979
November 0.0983 0.0953 0.0962
December 0.0953 0.0925 0.0941