YEARLY HIGH
48.3802 ETB
YEARLY LOW
34.5093 ETB
YEARLY AVERAGE
39.9860 ETB

2020 EUR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 48.3802. Conversely, the yearly low was recorded on February 18, dropping to 34.5093.

This high-to-low spread represents a total annual volatility of 13.8709 ETB. From a start-to-finish perspective, comparing the January average rate of 35.5970 to the December average rate of 47.1169, the exchange rate registered a net change of 32.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 48.3802 was up 34.92% compared to the 2019 peak of 35.8598, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 241,901 ETB
2019 Average 163,537 ETB
Yearly Trough Low 172,547 ETB
Transaction Impact: A difference of 69,354.65 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

48.3244
33.8340
JanuMarcMayJulySeptNove

EUR to ETB 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 36.3785, compared to 43.5934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2149 points.

H1 Avg (Jan–Jun) 36.3785
H2 Avg (Jul–Dec) 43.5934

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 2.5573 ETB (High: 41.7235 / Low: 39.1661). On the other end, January was the most stable month, with a tight range of 0.7928 ETB (High: 35.9948 / Low: 35.2020).

July Spread (Volatile) ±2.5573
January Spread (Stable) ±0.7928

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.5554 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.5554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 47.1169) against the same month in 2019 (average: 34.9869), the exchange rate shifted by +12.1300 (+34.67%).

2020 Avg (December) 47.1169
2019 Avg (December) 34.9869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.9948 35.2020 35.5970
February 35.6749 34.5093 35.0416
March 36.9334 34.9389 36.1103
April 36.4971 35.3689 35.9179
May 38.0187 35.9120 36.8877
June 39.3797 38.0852 38.7166
July 41.7235 39.1661 40.3205
August 43.0793 41.2256 42.2929
September 43.6970 42.6420 43.1811
October 44.4868 43.1188 43.7861
November 45.5525 44.0062 44.8628
December 48.3802 46.1302 47.1169