YEARLY HIGH
2.5551 ETB
YEARLY LOW
2.0476 ETB
YEARLY AVERAGE
2.2652 ETB

2020 MVR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.5551. Conversely, the yearly low was recorded on February 3, dropping to 2.0476.

This high-to-low spread represents a total annual volatility of 0.5076 ETB. From a start-to-finish perspective, comparing the January average rate of 2.0744 to the December average rate of 2.5112, the exchange rate registered a net change of 21.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5551 was up 23.38% compared to the 2019 peak of 2.0710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,776 ETB
2019 Average 9,458 ETB
Yearly Trough Low 10,238 ETB
Transaction Impact: A difference of 2,537.75 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5548
2.0307
JanuMarcMayJulySeptNove

MVR 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 2.1358, compared to 2.3946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2588 points.

H1 Avg (Jan–Jun) 2.1358
H2 Avg (Jul–Dec) 2.3946

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0867 ETB (High: 2.4736 / Low: 2.3869). On the other end, January was the most stable month, with a tight range of 0.0173 ETB (High: 2.0841 / Low: 2.0668).

October Spread (Volatile) ±0.0867
January Spread (Stable) ±0.0173

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: 2.5112) against the same month in 2019 (average: 2.0388), the exchange rate shifted by +0.4724 (+23.17%).

2020 Avg (December) 2.5112
2019 Avg (December) 2.0388

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0841 2.0668 2.0744
February 2.0970 2.0476 2.0773
March 2.1449 2.0842 2.1110
April 2.1632 2.1112 2.1434
May 2.2144 2.1430 2.1809
June 2.2747 2.2048 2.2277
July 2.2923 2.2604 2.2841
August 2.3458 2.2706 2.3203
September 2.3910 2.3383 2.3782
October 2.4736 2.3869 2.4153
November 2.4805 2.4048 2.4583
December 2.5551 2.4757 2.5112