YEARLY HIGH
0.1102 ETB
YEARLY LOW
0.0887 ETB
YEARLY AVERAGE
0.0979 ETB

2020 MRO to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1102. Conversely, the yearly low was recorded on February 3, dropping to 0.0887.

This high-to-low spread represents a total annual volatility of 0.0216 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0898 to the December average rate of 0.1084, the exchange rate registered a net change of 20.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1102 was up 23.12% compared to the 2019 peak of 0.0895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 551 ETB
2019 Average 409 ETB
Yearly Trough Low 443 ETB
Transaction Impact: A difference of 107.75 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1103
0.0879
JanuMarcMayJulySeptNove

MRO 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 0.0924, compared to 0.1033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.0924
H2 Avg (Jul–Dec) 0.1033

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0037 ETB (High: 0.1067 / Low: 0.1030). On the other end, January was the most stable month, with a tight range of 0.0007 ETB (High: 0.0903 / Low: 0.0895).

October Spread (Volatile) ±0.0037
January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1084) against the same month in 2019 (average: 0.0882), the exchange rate shifted by +0.0202 (+22.93%).

2020 Avg (December) 0.1084
2019 Avg (December) 0.0882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0903 0.0895 0.0898
February 0.0909 0.0887 0.0899
March 0.0925 0.0906 0.0913
April 0.0936 0.0911 0.0926
May 0.0958 0.0930 0.0945
June 0.0982 0.0953 0.0964
July 0.0989 0.0975 0.0986
August 0.1013 0.0980 0.1001
September 0.1032 0.1009 0.1026
October 0.1067 0.1030 0.1042
November 0.1071 0.1037 0.1061
December 0.1102 0.1070 0.1084