YEARLY HIGH
0.0009 ETB
YEARLY LOW
0.0005 ETB
YEARLY AVERAGE
0.0008 ETB

2020 IRR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IRR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0009. Conversely, the yearly low was recorded on July 7, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0004 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0009, the exchange rate registered a net change of 20.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0009 was up 23.12% compared to the 2019 peak of 0.0008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5 ETB
2019 Average 3 ETB
Yearly Trough Low 3 ETB
Transaction Impact: A difference of 2.01 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0009
0.0007
JanuMarcMayJulySeptNove

IRR 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 0.0008, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0008
H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0003 ETB (High: 0.0008 / Low: 0.0005). On the other end, January was the most stable month, with a tight range of 0.0000 ETB (High: 0.0008 / Low: 0.0008).

July Spread (Volatile) ±0.0003
January Spread (Stable) ±0.0000

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: 0.0009) against the same month in 2019 (average: 0.0007), the exchange rate shifted by +0.0002 (+22.93%).

2020 Avg (December) 0.0009
2019 Avg (December) 0.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0008 0.0008
February 0.0008 0.0008 0.0008
March 0.0008 0.0008 0.0008
April 0.0008 0.0008 0.0008
May 0.0008 0.0008 0.0008
June 0.0008 0.0008 0.0008
July 0.0008 0.0005 0.0008
August 0.0009 0.0008 0.0008
September 0.0009 0.0009 0.0009
October 0.0009 0.0009 0.0009
November 0.0009 0.0009 0.0009
December 0.0009 0.0009 0.0009