YEARLY HIGH
0.9963 ETB
YEARLY LOW
0.8209 ETB
YEARLY AVERAGE
0.8906 ETB

2020 MUR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.9963. Conversely, the yearly low was recorded on April 19, dropping to 0.8209.

This high-to-low spread represents a total annual volatility of 0.1754 ETB. From a start-to-finish perspective, comparing the January average rate of 0.8762 to the December average rate of 0.9773, the exchange rate registered a net change of 11.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9963 was up 13.30% compared to the 2019 peak of 0.8793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,981 ETB
2019 Average 4,106 ETB
Yearly Trough Low 4,104 ETB
Transaction Impact: A difference of 876.96 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9918
0.8187
JanuMarcMayJulySeptNove

MUR 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 0.8545, compared to 0.9267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0723 points.

H1 Avg (Jan–Jun) 0.8545
H2 Avg (Jul–Dec) 0.9267

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0478 ETB (High: 0.8758 / Low: 0.8281). On the other end, January was the most stable month, with a tight range of 0.0154 ETB (High: 0.8819 / Low: 0.8665).

March Spread (Volatile) ±0.0478
January Spread (Stable) ±0.0154

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 March and April, when the average rate fell by 0.0158 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9773) against the same month in 2019 (average: 0.8614), the exchange rate shifted by +0.1159 (+13.46%).

2020 Avg (December) 0.9773
2019 Avg (December) 0.8614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8819 0.8665 0.8762
February 0.8773 0.8477 0.8625
March 0.8758 0.8281 0.8489
April 0.8432 0.8209 0.8331
May 0.8524 0.8295 0.8453
June 0.8730 0.8506 0.8606
July 0.8913 0.8670 0.8805
August 0.9096 0.8847 0.9001
September 0.9325 0.9053 0.9207
October 0.9535 0.9225 0.9328
November 0.9593 0.9270 0.9488
December 0.9963 0.9523 0.9773