2020 HKD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HKD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HKD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 5.0751. Conversely, the yearly low was recorded on February 3, dropping to 4.0761.
This high-to-low spread represents a total annual volatility of 0.9990 ETB. From a start-to-finish perspective, comparing the January average rate of 4.1242 to the December average rate of 4.9927, the exchange rate registered a net change of 21.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 5.0751 was up 23.67% compared to the 2019 peak of 4.1036, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
HKD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.2511, compared to 4.7594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5084 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 0.1711 ETB (High: 4.9140 / Low: 4.7429). On the other end, January was the most stable month, with a tight range of 0.0375 ETB (High: 4.1486 / Low: 4.1110).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 4.9927) against the same month in 2019 (average: 4.0342), the exchange rate shifted by +0.9585 (+23.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.1486 | 4.1110 | 4.1242 |
| February | 4.1656 | 4.0761 | 4.1283 |
| March | 4.2610 | 4.1509 | 4.1993 |
| April | 4.3122 | 4.1961 | 4.2638 |
| May | 4.4139 | 4.2829 | 4.3523 |
| June | 4.5226 | 4.3886 | 4.4387 |
| July | 4.5541 | 4.4912 | 4.5392 |
| August | 4.6642 | 4.5146 | 4.6124 |
| September | 4.7542 | 4.6491 | 4.7271 |
| October | 4.9140 | 4.7429 | 4.8006 |
| November | 4.9317 | 4.7764 | 4.8847 |
| December | 5.0751 | 4.9297 | 4.9927 |