2020 ETB to SAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ETB to SAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ETB to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.1185. Conversely, the yearly low was recorded on December 31, dropping to 0.0953.
This high-to-low spread represents a total annual volatility of 0.0232 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1170 to the December average rate of 0.0969, the exchange rate registered a net change of -17.16% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 0.1185 was down 11.10% compared to the 2019 peak of 0.1333, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ETB to SAR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1139, compared to 0.1018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0121 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 0.0036 SAR (High: 0.1020 / Low: 0.0985). On the other end, January was the most stable month, with a tight range of 0.0010 SAR (High: 0.1174 / Low: 0.1164).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 0.1169) against the same month in 2019 (average: 0.1317), the exchange rate shifted by -0.0148 (-11.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1174 | 0.1164 | 0.1170 |
| February | 0.1185 | 0.1156 | 0.1169 |
| March | 0.1161 | 0.1138 | 0.1152 |
| April | 0.1155 | 0.1125 | 0.1138 |
| May | 0.1131 | 0.1098 | 0.1113 |
| June | 0.1103 | 0.1070 | 0.1091 |
| July | 0.1078 | 0.1062 | 0.1066 |
| August | 0.1072 | 0.1038 | 0.1049 |
| September | 0.1041 | 0.1018 | 0.1024 |
| October | 0.1020 | 0.0985 | 0.1008 |
| November | 0.1013 | 0.0981 | 0.0990 |
| December | 0.0981 | 0.0953 | 0.0969 |