2020 ETB to TWD Historical Review

YEARLY HIGH

0.9557 TWD

YEARLY LOW

0.7126 TWD

YEARLY AVERAGE

0.8472 TWD

2020 ETB to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.9557. Conversely, the yearly low was recorded on December 27, dropping to 0.7126.

This high-to-low spread represents a total annual volatility of 0.2431 TWD. From a start-to-finish perspective, comparing the January average rate of 0.9362 to the December average rate of 0.7283, the exchange rate registered a net change of -22.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9557 was down 12.96% compared to the 2019 peak of 1.0980, 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 4,779 TWD

2019 Average 5,291 TWD

Yearly Trough Low 3,563 TWD

Transaction Impact: A difference of 1,215.50 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9611

0.7071

JanuMarcMayJulySeptNove

ETB to TWD 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 0.9097, compared to 0.7847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1250 points.

H1 Avg (Jan–Jun) 0.9097

H2 Avg (Jul–Dec) 0.7847

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0412 TWD (High: 0.7863 / Low: 0.7450). On the other end, July was the most stable month, with a tight range of 0.0140 TWD (High: 0.8458 / Low: 0.8318).

October Spread (Volatile) ±0.0412

July Spread (Stable) ±0.0140

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 September and October, when the average rate fell by 0.0258 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.9399) against the same month in 2019 (average: 1.0819), the exchange rate shifted by -0.1419 (-13.12%).

2020 Avg (February) 0.9399

2019 Avg (February) 1.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9458	0.9304	0.9362
February	0.9557	0.9307	0.9399
March	0.9317	0.9157	0.9234
April	0.9241	0.8927	0.9100
May	0.9020	0.8757	0.8873
June	0.8736	0.8391	0.8616
July	0.8458	0.8318	0.8364
August	0.8381	0.8118	0.8215
September	0.8142	0.7851	0.7972
October	0.7863	0.7450	0.7714
November	0.7718	0.7462	0.7537
December	0.7454	0.7126	0.7283