YEARLY HIGH
19.2909 ETB
YEARLY LOW
13.7902 ETB
YEARLY AVERAGE
16.1541 ETB

2020 FJD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 19.2909. Conversely, the yearly low was recorded on March 21, dropping to 13.7902.

This high-to-low spread represents a total annual volatility of 5.5007 ETB. From a start-to-finish perspective, comparing the January average rate of 14.8004 to the December average rate of 18.8199, the exchange rate registered a net change of 27.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.2909 was up 20.40% compared to the 2019 peak of 16.0224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,455 ETB
2019 Average 67,778 ETB
Yearly Trough Low 68,951 ETB
Transaction Impact: A difference of 27,503.60 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.2671
13.9018
JanuMarcMayJulySeptNove

FJD 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 14.8557, compared to 17.4524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5967 points.

H1 Avg (Jan–Jun) 14.8557
H2 Avg (Jul–Dec) 17.4524

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.9596 ETB (High: 18.3887 / Low: 17.4291). On the other end, February was the most stable month, with a tight range of 0.2725 ETB (High: 14.6857 / Low: 14.4132).

November Spread (Volatile) ±0.9596
February Spread (Stable) ±0.2725

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2272 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.2272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 18.8199) against the same month in 2019 (average: 14.5301), the exchange rate shifted by +4.2899 (+29.52%).

2020 Avg (December) 18.8199
2019 Avg (December) 14.5301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.9603 14.6312 14.8004
February 14.6857 14.4132 14.5761
March 14.7055 13.7902 14.3489
April 14.9985 14.1772 14.5440
May 15.4456 14.7365 15.0669
June 16.1309 15.5925 15.7979
July 16.6078 16.0470 16.3866
August 17.1530 16.4866 16.8009
September 17.4451 17.0302 17.2504
October 17.8613 17.2365 17.4424
November 18.3887 17.4291 18.0142
December 19.2909 18.3892 18.8199