YEARLY HIGH
1.1283 ETB
YEARLY LOW
0.9380 ETB
YEARLY AVERAGE
1.0153 ETB

2020 NIO to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NIO to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.1283. Conversely, the yearly low was recorded on February 15, dropping to 0.9380.

This high-to-low spread represents a total annual volatility of 0.1903 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9444 to the December average rate of 1.1103, the exchange rate registered a net change of 17.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1283 was up 19.25% compared to the 2019 peak of 0.9462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,642 ETB
2019 Average 4,393 ETB
Yearly Trough Low 4,690 ETB
Transaction Impact: A difference of 951.53 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1269
0.9276
JanuMarcMayJulySeptNove

NIO 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 0.9696, compared to 1.0610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0915 points.

H1 Avg (Jan–Jun) 0.9696
H2 Avg (Jul–Dec) 1.0610

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0457 ETB (High: 1.0110 / Low: 0.9652). On the other end, January was the most stable month, with a tight range of 0.0111 ETB (High: 0.9502 / Low: 0.9391).

May Spread (Volatile) ±0.0457
January Spread (Stable) ±0.0111

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 0.0002 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.1103) against the same month in 2019 (average: 0.9294), the exchange rate shifted by +0.1809 (+19.46%).

2020 Avg (December) 1.1103
2019 Avg (December) 0.9294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9502 0.9391 0.9444
February 0.9579 0.9380 0.9442
March 0.9773 0.9460 0.9601
April 0.9813 0.9606 0.9692
May 1.0110 0.9652 0.9926
June 1.0287 0.9935 1.0068
July 1.0307 1.0069 1.0173
August 1.0369 1.0100 1.0283
September 1.0604 1.0364 1.0539
October 1.0950 1.0584 1.0705
November 1.0967 1.0577 1.0857
December 1.1283 1.0963 1.1103