YEARLY HIGH
0.2441 ETB
YEARLY LOW
0.1620 ETB
YEARLY AVERAGE
0.1838 ETB

2020 LRD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LRD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.2441. Conversely, the yearly low was recorded on February 24, dropping to 0.1620.

This high-to-low spread represents a total annual volatility of 0.0821 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1675 to the December average rate of 0.2400, the exchange rate registered a net change of 43.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2441 was up 35.13% compared to the 2019 peak of 0.1806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,221 ETB
2019 Average 791 ETB
Yearly Trough Low 810 ETB
Transaction Impact: A difference of 410.58 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2477
0.1556
JanuMarcMayJulySeptNove

LRD 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 0.1676, compared to 0.2001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 0.1676
H2 Avg (Jul–Dec) 0.2001

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0375 ETB (High: 0.2441 / Low: 0.2066). On the other end, July was the most stable month, with a tight range of 0.0024 ETB (High: 0.1771 / Low: 0.1747).

November Spread (Volatile) ±0.0375
July Spread (Stable) ±0.0024

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 0.0042 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.2289) against the same month in 2019 (average: 0.1492), the exchange rate shifted by +0.0797 (+53.46%).

2020 Avg (November) 0.2289
2019 Avg (November) 0.1492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1710 0.1639 0.1675
February 0.1646 0.1620 0.1633
March 0.1668 0.1634 0.1649
April 0.1687 0.1642 0.1669
May 0.1723 0.1674 0.1701
June 0.1759 0.1707 0.1728
July 0.1771 0.1747 0.1765
August 0.1814 0.1756 0.1794
September 0.1852 0.1808 0.1840
October 0.2075 0.1847 0.1917
November 0.2441 0.2066 0.2289
December 0.2425 0.2378 0.2400