YEARLY HIGH
0.4836 ETB
YEARLY LOW
0.3890 ETB
YEARLY AVERAGE
0.4540 ETB

2020 KGS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KGS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.4836. Conversely, the yearly low was recorded on April 9, dropping to 0.3890.

This high-to-low spread represents a total annual volatility of 0.0946 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4606 to the December average rate of 0.4636, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4836 was up 5.16% compared to the 2019 peak of 0.4599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,418 ETB
2019 Average 2,111 ETB
Yearly Trough Low 1,945 ETB
Transaction Impact: A difference of 473.08 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4695
0.4119
JanuMarcMayJulySeptNove

KGS 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 0.4480, compared to 0.4599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.4480
H2 Avg (Jul–Dec) 0.4599

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0575 ETB (High: 0.4656 / Low: 0.4081). On the other end, January was the most stable month, with a tight range of 0.0045 ETB (High: 0.4633 / Low: 0.4588).

March Spread (Volatile) ±0.0575
January Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0309 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4636) against the same month in 2019 (average: 0.4521), the exchange rate shifted by +0.0116 (+2.56%).

2020 Avg (December) 0.4636
2019 Avg (December) 0.4521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4633 0.4588 0.4606
February 0.4647 0.4544 0.4597
March 0.4656 0.4081 0.4476
April 0.4420 0.3890 0.4167
May 0.4642 0.4209 0.4416
June 0.4668 0.4509 0.4616
July 0.4599 0.4493 0.4547
August 0.4655 0.4565 0.4617
September 0.4703 0.4606 0.4647
October 0.4696 0.4566 0.4638
November 0.4627 0.4455 0.4510
December 0.4836 0.4507 0.4636