2020 KWD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 KWD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the KWD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 129.3900. Conversely, the yearly low was recorded on March 25, dropping to 103.7001.
This high-to-low spread represents a total annual volatility of 25.6898 ETB. From a start-to-finish perspective, comparing the January average rate of 105.6322 to the December average rate of 126.9547, the exchange rate registered a net change of 20.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 129.3900 was up 22.75% compared to the 2019 peak of 105.4128, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
KWD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 107.2440, compared to 120.6152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.3712 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 4.5278 ETB (High: 124.5470 / Low: 120.0192). On the other end, January was the most stable month, with a tight range of 0.9082 ETB (High: 106.1614 / Low: 105.2532).
Growth Streaks & Declines
TrendsBetween February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4246 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 126.9547) against the same month in 2019 (average: 103.7109), the exchange rate shifted by +23.2437 (+22.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 106.1614 | 105.2532 | 105.6322 |
| February | 105.9544 | 104.1085 | 105.2075 |
| March | 106.3869 | 103.7001 | 105.4586 |
| April | 107.9841 | 104.2963 | 106.2005 |
| May | 111.0112 | 107.3712 | 109.2241 |
| June | 113.8433 | 110.5129 | 111.7410 |
| July | 115.3408 | 113.1021 | 114.5222 |
| August | 118.3539 | 114.4837 | 116.9333 |
| September | 120.2961 | 117.7333 | 119.7489 |
| October | 124.5470 | 120.0192 | 121.6299 |
| November | 125.1625 | 121.2406 | 123.9023 |
| December | 129.3900 | 125.1399 | 126.9547 |