2020 NPR to ETB Historical Review

YEARLY HIGH

0.3367 ETB

YEARLY LOW

0.2668 ETB

YEARLY AVERAGE

0.2949 ETB

2020 NPR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NPR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3367. Conversely, the yearly low was recorded on April 18, dropping to 0.2668.

This high-to-low spread represents a total annual volatility of 0.0698 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2813 to the December average rate of 0.3286, the exchange rate registered a net change of 16.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3367 was up 20.28% compared to the 2019 peak of 0.2799, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,683 ETB

2019 Average 1,298 ETB

Yearly Trough Low 1,334 ETB

Transaction Impact: A difference of 349.08 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3343

0.2656

JanuMarcMayJulySeptNove

NPR 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 0.2784, compared to 0.3114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 0.2784

H2 Avg (Jul–Dec) 0.3114

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0156 ETB (High: 0.3082 / Low: 0.2926). On the other end, January was the most stable month, with a tight range of 0.0046 ETB (High: 0.2833 / Low: 0.2787).

August Spread (Volatile) ±0.0156

January Spread (Stable) ±0.0046

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 February and March, when the average rate fell by 0.0065 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3286) against the same month in 2019 (average: 0.2765), the exchange rate shifted by +0.0521 (+18.84%).

2020 Avg (December) 0.3286

2019 Avg (December) 0.2765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2833	0.2787	0.2813
February	0.2833	0.2769	0.2807
March	0.2807	0.2677	0.2742
April	0.2757	0.2668	0.2713
May	0.2830	0.2740	0.2790
June	0.2898	0.2815	0.2839
July	0.2957	0.2877	0.2935
August	0.3082	0.2926	0.2997
September	0.3153	0.3082	0.3119
October	0.3196	0.3118	0.3162
November	0.3235	0.3124	0.3188
December	0.3367	0.3236	0.3286