2020 PEN to ETB Historical Review

YEARLY HIGH

10.8758 ETB

YEARLY LOW

9.1764 ETB

YEARLY AVERAGE

9.9918 ETB

2020 PEN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 10.8758. Conversely, the yearly low was recorded on March 18, dropping to 9.1764.

This high-to-low spread represents a total annual volatility of 1.6993 ETB. From a start-to-finish perspective, comparing the January average rate of 9.6403 to the December average rate of 10.7491, the exchange rate registered a net change of 11.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 10.8758 was up 12.79% compared to the 2019 peak of 9.6423, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,379 ETB

2019 Average 43,780 ETB

Yearly Trough Low 45,882 ETB

Transaction Impact: A difference of 8,496.75 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10.8889

9.2108

JanuMarcMayJulySeptNove

PEN 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 9.6593, compared to 10.3243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6650 points.

H1 Avg (Jan–Jun) 9.6593

H2 Avg (Jul–Dec) 10.3243

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.5410 ETB (High: 9.7174 / Low: 9.1764). On the other end, February was the most stable month, with a tight range of 0.1874 ETB (High: 9.5403 / Low: 9.3529).

March Spread (Volatile) ±0.5410

February Spread (Stable) ±0.1874

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1740 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 10.7491) against the same month in 2019 (average: 9.3947), the exchange rate shifted by +1.3544 (+14.42%).

2020 Avg (December) 10.7491

2019 Avg (December) 9.3947

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6895	9.4830	9.6403
February	9.5403	9.3529	9.4663
March	9.7174	9.1764	9.3507
April	9.8958	9.5083	9.7193
May	9.9714	9.7315	9.8779
June	10.0838	9.6384	9.9013
July	10.0963	9.8640	10.0054
August	10.2136	9.9171	10.0413
September	10.4250	10.1564	10.3047
October	10.5218	10.1573	10.3486
November	10.6407	10.3074	10.4968
December	10.8758	10.5901	10.7491