2020 ETB to TZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ETB to TZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ETB to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 72.9626. Conversely, the yearly low was recorded on December 31, dropping to 58.9219.
This high-to-low spread represents a total annual volatility of 14.0407 TZS. From a start-to-finish perspective, comparing the January average rate of 71.8640 to the December average rate of 59.9259, the exchange rate registered a net change of -16.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 72.9626 was down 12.28% compared to the 2019 peak of 83.1752, 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 TZS 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 70.0543, compared to 62.9615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0928 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was August, with a trading range of 2.2700 TZS (High: 66.4491 / Low: 64.1791). On the other end, January was the most stable month, with a tight range of 0.7619 TZS (High: 72.1988 / Low: 71.4370).
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 1.6453 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 71.9435) against the same month in 2019 (average: 81.7959), the exchange rate shifted by -9.8524 (-12.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.1988 | 71.4370 | 71.8640 |
| February | 72.9626 | 71.0391 | 71.9435 |
| March | 71.2655 | 69.9052 | 70.6782 |
| April | 70.9802 | 69.2719 | 69.9862 |
| May | 69.6675 | 67.6049 | 68.5388 |
| June | 68.1484 | 66.1294 | 67.3149 |
| July | 66.6188 | 65.6918 | 65.9559 |
| August | 66.4491 | 64.1791 | 64.9738 |
| September | 64.3861 | 62.9788 | 63.3284 |
| October | 63.0777 | 61.0550 | 62.3476 |
| November | 62.5926 | 60.6743 | 61.2376 |
| December | 60.6956 | 58.9219 | 59.9259 |