YEARLY HIGH
2.5972 ETB
YEARLY LOW
1.8010 ETB
YEARLY AVERAGE
2.0625 ETB

2020 SCR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SCR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 2.5972. Conversely, the yearly low was recorded on December 5, dropping to 1.8010.

This high-to-low spread represents a total annual volatility of 0.7961 ETB. From a start-to-finish perspective, comparing the January average rate of 2.3467 to the December average rate of 1.8261, the exchange rate registered a net change of -22.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5972 was up 11.09% compared to the 2019 peak of 2.3378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,986 ETB
2019 Average 10,680 ETB
Yearly Trough Low 9,005 ETB
Transaction Impact: A difference of 3,980.69 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4428
1.7700
JanuMarcMayJulySeptNove

SCR 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 2.1694, compared to 1.9557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2137 points.

H1 Avg (Jan–Jun) 2.1694
H2 Avg (Jul–Dec) 1.9557

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.5464 ETB (High: 2.4102 / Low: 1.8638). On the other end, July was the most stable month, with a tight range of 0.0456 ETB (High: 2.0038 / Low: 1.9582).

April Spread (Volatile) ±0.5464
July Spread (Stable) ±0.0456

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3522 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.3868) against the same month in 2019 (average: 2.0844), the exchange rate shifted by +0.3024 (+14.51%).

2020 Avg (March) 2.3868
2019 Avg (March) 2.0844

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4960 2.3319 2.3467
February 2.4355 2.3106 2.3492
March 2.5972 2.3234 2.3868
April 2.4102 1.8638 2.0345
May 2.1075 1.8414 1.9411
June 2.0455 1.9319 1.9578
July 2.0038 1.9582 1.9926
August 2.0209 1.9410 2.0012
September 2.0558 2.0072 2.0409
October 2.0590 1.9364 2.0134
November 1.9586 1.8230 1.8600
December 1.8559 1.8010 1.8261