YEARLY HIGH
0.3611 ETB
YEARLY LOW
0.3050 ETB
YEARLY AVERAGE
0.3279 ETB

2020 KES to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KES to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.3611. Conversely, the yearly low was recorded on April 18, dropping to 0.3050.

This high-to-low spread represents a total annual volatility of 0.0561 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3171 to the December average rate of 0.3503, the exchange rate registered a net change of 10.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3611 was up 13.90% compared to the 2019 peak of 0.3170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,805 ETB
2019 Average 1,432 ETB
Yearly Trough Low 1,525 ETB
Transaction Impact: A difference of 280.41 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3543
0.3065
JanuMarcMayJulySeptNove

KES 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 0.3166, compared to 0.3392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 0.3166
H2 Avg (Jul–Dec) 0.3392

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0174 ETB (High: 0.3611 / Low: 0.3437). On the other end, January was the most stable month, with a tight range of 0.0050 ETB (High: 0.3199 / Low: 0.3149).

December Spread (Volatile) ±0.0174
January Spread (Stable) ±0.0050

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 0.0041 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3503) against the same month in 2019 (average: 0.3104), the exchange rate shifted by +0.0399 (+12.86%).

2020 Avg (December) 0.3503
2019 Avg (December) 0.3104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3199 0.3149 0.3171
February 0.3209 0.3150 0.3183
March 0.3210 0.3067 0.3142
April 0.3142 0.3050 0.3105
May 0.3205 0.3096 0.3163
June 0.3290 0.3192 0.3233
July 0.3304 0.3240 0.3278
August 0.3343 0.3247 0.3306
September 0.3397 0.3324 0.3379
October 0.3501 0.3390 0.3425
November 0.3501 0.3397 0.3464
December 0.3611 0.3437 0.3503