2020 GMD to ETB Historical Review

YEARLY HIGH

0.7603 ETB

YEARLY LOW

0.6195 ETB

YEARLY AVERAGE

0.6786 ETB

2020 GMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7603. Conversely, the yearly low was recorded on February 3, dropping to 0.6195.

This high-to-low spread represents a total annual volatility of 0.1408 ETB. From a start-to-finish perspective, comparing the January average rate of 0.6264 to the December average rate of 0.7478, the exchange rate registered a net change of 19.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7603 was up 21.92% compared to the 2019 peak of 0.6236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,801 ETB

2019 Average 2,915 ETB

Yearly Trough Low 3,097 ETB

Transaction Impact: A difference of 704.05 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7599

0.6143

JanuMarcMayJulySeptNove

GMD 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 0.6446, compared to 0.7126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0680 points.

H1 Avg (Jan–Jun) 0.6446

H2 Avg (Jul–Dec) 0.7126

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0258 ETB (High: 0.7359 / Low: 0.7101). On the other end, January was the most stable month, with a tight range of 0.0069 ETB (High: 0.6300 / Low: 0.6232).

October Spread (Volatile) ±0.0258

January Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7478) against the same month in 2019 (average: 0.6134), the exchange rate shifted by +0.1344 (+21.92%).

2020 Avg (December) 0.7478

2019 Avg (December) 0.6134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6300	0.6232	0.6264
February	0.6365	0.6195	0.6290
March	0.6483	0.6339	0.6403
April	0.6551	0.6374	0.6481
May	0.6648	0.6457	0.6572
June	0.6793	0.6585	0.6668
July	0.6817	0.6733	0.6798
August	0.6979	0.6755	0.6899
September	0.7120	0.6953	0.7077
October	0.7359	0.7101	0.7189
November	0.7383	0.7149	0.7315
December	0.7603	0.7382	0.7478