YEARLY HIGH
0.1338 ETB
YEARLY LOW
0.0969 ETB
YEARLY AVERAGE
0.1137 ETB

2020 HUF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.1338. Conversely, the yearly low was recorded on April 5, dropping to 0.0969.

This high-to-low spread represents a total annual volatility of 0.0370 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1066 to the December average rate of 0.1313, the exchange rate registered a net change of 23.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1338 was up 23.64% compared to the 2019 peak of 0.1082, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 133,829 ETB
2019 Average 100,536 ETB
Yearly Trough Low 96,862 ETB
Transaction Impact: A difference of 36,966.07 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1343
0.0977
JanuMarcMayJulySeptNove

HUF 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 0.1053, compared to 0.1221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.1053
H2 Avg (Jul–Dec) 0.1221

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0123 ETB (High: 0.1100 / Low: 0.0976). On the other end, August was the most stable month, with a tight range of 0.0030 ETB (High: 0.1227 / Low: 0.1197).

March Spread (Volatile) ±0.0123
August Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1313) against the same month in 2019 (average: 0.1057), the exchange rate shifted by +0.0255 (+24.14%).

2020 Avg (December) 0.1313
2019 Avg (December) 0.1057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1088 0.1042 0.1066
February 0.1056 0.1020 0.1038
March 0.1100 0.0976 0.1045
April 0.1037 0.0969 0.1007
May 0.1096 0.1023 0.1050
June 0.1137 0.1073 0.1114
July 0.1209 0.1110 0.1149
August 0.1227 0.1197 0.1213
September 0.1227 0.1173 0.1198
October 0.1232 0.1192 0.1208
November 0.1269 0.1200 0.1246
December 0.1338 0.1288 0.1313