2020 GNF to ETB Historical Review

YEARLY HIGH

0.0039 ETB

YEARLY LOW

0.0033 ETB

YEARLY AVERAGE

0.0036 ETB

2020 GNF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0039. Conversely, the yearly low was recorded on February 3, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0006 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0039, the exchange rate registered a net change of 15.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0039 was up 16.60% compared to the 2019 peak of 0.0034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20 ETB

2019 Average 16 ETB

Yearly Trough Low 17 ETB

Transaction Impact: A difference of 3.05 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0039

0.0033

JanuMarcMayJulySeptNove

GNF 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 0.0035, compared to 0.0038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0038

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0001 ETB (High: 0.0039 / Low: 0.0038). On the other end, July was the most stable month, with a tight range of 0.0001 ETB (High: 0.0037 / Low: 0.0036).

October Spread (Volatile) ±0.0001

July Spread (Stable) ±0.0001

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: 0.0039) against the same month in 2019 (average: 0.0033), the exchange rate shifted by +0.0006 (+17.18%).

2020 Avg (December) 0.0039

2019 Avg (December) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0034	0.0033	0.0034
February	0.0034	0.0033	0.0034
March	0.0035	0.0034	0.0034
April	0.0035	0.0034	0.0035
May	0.0036	0.0035	0.0036
June	0.0036	0.0035	0.0036
July	0.0037	0.0036	0.0037
August	0.0037	0.0036	0.0037
September	0.0038	0.0037	0.0038
October	0.0039	0.0038	0.0038
November	0.0039	0.0038	0.0039
December	0.0039	0.0039	0.0039