YEARLY HIGH
0.0058 ETB
YEARLY LOW
0.0048 ETB
YEARLY AVERAGE
0.0052 ETB

2020 PYG to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PYG to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0058. Conversely, the yearly low was recorded on February 3, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0010 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0049 to the December average rate of 0.0056, the exchange rate registered a net change of 12.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0058 was up 17.84% compared to the 2019 peak of 0.0050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29 ETB
2019 Average 23 ETB
Yearly Trough Low 24 ETB
Transaction Impact: A difference of 4.95 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0056
0.0049
JanuMarcMayJulySeptNove

PYG 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 0.0050, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0050
H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0004 ETB (High: 0.0058 / Low: 0.0054). On the other end, January was the most stable month, with a tight range of 0.0001 ETB (High: 0.0050 / Low: 0.0049).

December Spread (Volatile) ±0.0004
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0056) against the same month in 2019 (average: 0.0049), the exchange rate shifted by +0.0007 (+13.92%).

2020 Avg (December) 0.0056
2019 Avg (December) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0050 0.0049 0.0049
February 0.0050 0.0048 0.0049
March 0.0050 0.0049 0.0050
April 0.0051 0.0050 0.0051
May 0.0052 0.0051 0.0051
June 0.0052 0.0050 0.0051
July 0.0052 0.0050 0.0051
August 0.0052 0.0050 0.0051
September 0.0053 0.0052 0.0052
October 0.0054 0.0053 0.0053
November 0.0054 0.0053 0.0054
December 0.0058 0.0054 0.0056