YEARLY HIGH
0.0044 ETB
YEARLY LOW
0.0034 ETB
YEARLY AVERAGE
0.0038 ETB

2020 SLL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SLL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0044. Conversely, the yearly low was recorded on April 18, dropping to 0.0034.

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 0.0043 to the December average rate of 0.0038, the exchange rate registered a net change of -10.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0044 was up 2.20% compared to the 2019 peak of 0.0043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22 ETB
2019 Average 18 ETB
Yearly Trough Low 17 ETB
Transaction Impact: A difference of 5.06 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0044
0.0034
JanuMarcMayJulySeptNove

SLL 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 0.0039, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0039
H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0010 ETB (High: 0.0044 / Low: 0.0034). On the other end, January was the most stable month, with a tight range of 0.0000 ETB (High: 0.0043 / Low: 0.0043).

April Spread (Volatile) ±0.0010
January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0037) against the same month in 2019 (average: 0.0034), the exchange rate shifted by +0.0003 (+7.91%).

2020 Avg (April) 0.0037
2019 Avg (April) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0043 0.0043
February 0.0043 0.0042 0.0042
March 0.0043 0.0043 0.0043
April 0.0044 0.0034 0.0037
May 0.0035 0.0034 0.0035
June 0.0036 0.0035 0.0035
July 0.0036 0.0036 0.0036
August 0.0037 0.0036 0.0036
September 0.0038 0.0036 0.0037
October 0.0038 0.0037 0.0038
November 0.0038 0.0037 0.0038
December 0.0039 0.0038 0.0038