YEARLY HIGH
0.0028 ETB
YEARLY LOW
0.0019 ETB
YEARLY AVERAGE
0.0024 ETB

2020 IDR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IDR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0028. Conversely, the yearly low was recorded on March 23, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0009 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0027, the exchange rate registered a net change of 17.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0028 was up 22.47% compared to the 2019 peak of 0.0023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 28,195 ETB
2019 Average 20,669 ETB
Yearly Trough Low 19,238 ETB
Transaction Impact: A difference of 8,957.02 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0028
0.0020
JanuMarcMayJulySeptNove

IDR 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 0.0023, compared to 0.0025 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) 0.0023
H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0004 ETB (High: 0.0023 / Low: 0.0019). On the other end, February was the most stable month, with a tight range of 0.0001 ETB (High: 0.0024 / Low: 0.0023).

March Spread (Volatile) ±0.0004
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0027) against the same month in 2019 (average: 0.0023), the exchange rate shifted by +0.0005 (+21.83%).

2020 Avg (December) 0.0027
2019 Avg (December) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0023
February 0.0024 0.0023 0.0023
March 0.0023 0.0019 0.0022
April 0.0022 0.0020 0.0021
May 0.0023 0.0022 0.0023
June 0.0025 0.0023 0.0024
July 0.0025 0.0024 0.0024
August 0.0025 0.0024 0.0024
September 0.0025 0.0024 0.0025
October 0.0026 0.0025 0.0025
November 0.0027 0.0026 0.0027
December 0.0028 0.0027 0.0027