YEARLY HIGH
0.0042 ETB
YEARLY LOW
0.0036 ETB
YEARLY AVERAGE
0.0039 ETB

2020 LAK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LAK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0042. Conversely, the yearly low was recorded on February 3, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0007 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0042, the exchange rate registered a net change of 15.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0042 was up 17.70% compared to the 2019 peak of 0.0036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 ETB
2019 Average 17 ETB
Yearly Trough Low 18 ETB
Transaction Impact: A difference of 3.36 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0042
0.0036
JanuMarcMayJulySeptNove

LAK 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 0.0037, compared to 0.0040 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) 0.0037
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0001 ETB (High: 0.0041 / Low: 0.0040). On the other end, January was the most stable month, with a tight range of 0.0000 ETB (High: 0.0036 / Low: 0.0036).

November Spread (Volatile) ±0.0001
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between 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 0.0000 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0042) against the same month in 2019 (average: 0.0035), the exchange rate shifted by +0.0006 (+17.47%).

2020 Avg (December) 0.0042
2019 Avg (December) 0.0035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0036 0.0036 0.0036
February 0.0036 0.0036 0.0036
March 0.0037 0.0036 0.0037
April 0.0037 0.0036 0.0037
May 0.0038 0.0037 0.0038
June 0.0039 0.0038 0.0038
July 0.0039 0.0039 0.0039
August 0.0040 0.0039 0.0039
September 0.0040 0.0040 0.0040
October 0.0041 0.0040 0.0040
November 0.0041 0.0040 0.0041
December 0.0042 0.0041 0.0042