2020 FKP to ETB Historical Review

YEARLY HIGH

53.7983 ETB

YEARLY LOW

37.6808 ETB

YEARLY AVERAGE

44.9046 ETB

2020 FKP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 53.7983. Conversely, the yearly low was recorded on March 19, dropping to 37.6808.

This high-to-low spread represents a total annual volatility of 16.1176 ETB. From a start-to-finish perspective, comparing the January average rate of 41.9196 to the December average rate of 52.0545, the exchange rate registered a net change of 24.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 53.7983 was up 26.57% compared to the 2019 peak of 42.5057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 268,992 ETB

2019 Average 186,561 ETB

Yearly Trough Low 188,404 ETB

Transaction Impact: A difference of 80,587.82 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

53.2249

39.1806

JanuMarcMayJulySeptNove

FKP 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 41.5783, compared to 48.2308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.6525 points.

H1 Avg (Jan–Jun) 41.5783

H2 Avg (Jul–Dec) 48.2308

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.7293 ETB (High: 42.4100 / Low: 37.6808). On the other end, January was the most stable month, with a tight range of 0.9682 ETB (High: 42.5176 / Low: 41.5494).

March Spread (Volatile) ±4.7293

January Spread (Stable) ±0.9682

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 1.2736 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.2736

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 52.0545) against the same month in 2019 (average: 41.2835), the exchange rate shifted by +10.7710 (+26.09%).

2020 Avg (December) 52.0545

2019 Avg (December) 41.2835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.5176	41.5494	41.9196
February	42.3868	41.1434	41.6246
March	42.4100	37.6808	40.3509
April	41.9527	40.0635	41.0243
May	42.2296	40.7988	41.4978
June	43.7487	41.8734	43.0526
July	46.1255	43.3959	44.5711
August	48.2784	45.8352	46.9718
September	49.1111	46.7146	47.4453
October	49.2585	47.3631	48.2903
November	51.0435	48.8086	50.0520
December	53.7983	50.6867	52.0545