2020 MGA to ETB Historical Review

YEARLY HIGH

0.0104 ETB

YEARLY LOW

0.0086 ETB

YEARLY AVERAGE

0.0092 ETB

2020 MGA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0104. Conversely, the yearly low was recorded on February 23, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0019 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0101, the exchange rate registered a net change of 16.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0104 was down 19.99% compared to the 2019 peak of 0.0130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52 ETB

2019 Average 40 ETB

Yearly Trough Low 43 ETB

Transaction Impact: A difference of 9.39 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0103

0.0085

JanuMarcMayJulySeptNove

MGA 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 0.0088, compared to 0.0095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0088

H2 Avg (Jul–Dec) 0.0095

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0006 ETB (High: 0.0101 / Low: 0.0095). On the other end, October was the most stable month, with a tight range of 0.0002 ETB (High: 0.0096 / Low: 0.0094).

November Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0101) against the same month in 2019 (average: 0.0088), the exchange rate shifted by +0.0014 (+15.49%).

2020 Avg (December) 0.0101

2019 Avg (December) 0.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0089	0.0086	0.0087
February	0.0089	0.0086	0.0087
March	0.0090	0.0087	0.0088
April	0.0089	0.0086	0.0088
May	0.0090	0.0087	0.0089
June	0.0092	0.0088	0.0090
July	0.0093	0.0091	0.0092
August	0.0094	0.0092	0.0093
September	0.0096	0.0094	0.0095
October	0.0096	0.0094	0.0095
November	0.0101	0.0095	0.0097
December	0.0104	0.0099	0.0101