YEARLY HIGH
0.0678 ETB
YEARLY LOW
0.0547 ETB
YEARLY AVERAGE
0.0601 ETB

2020 SOS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SOS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0678. Conversely, the yearly low was recorded on February 3, dropping to 0.0547.

This high-to-low spread represents a total annual volatility of 0.0131 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0552 to the December average rate of 0.0666, the exchange rate registered a net change of 20.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0678 was up 22.93% compared to the 2019 peak of 0.0552, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 339 ETB
2019 Average 252 ETB
Yearly Trough Low 274 ETB
Transaction Impact: A difference of 65.49 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0678
0.0539
JanuMarcMayJulySeptNove

SOS 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 0.0568, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.0568
H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0025 ETB (High: 0.0657 / Low: 0.0631). On the other end, January was the most stable month, with a tight range of 0.0007 ETB (High: 0.0555 / Low: 0.0548).

October Spread (Volatile) ±0.0025
January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0666) against the same month in 2019 (average: 0.0543), the exchange rate shifted by +0.0123 (+22.69%).

2020 Avg (December) 0.0666
2019 Avg (December) 0.0543

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0555 0.0548 0.0552
February 0.0558 0.0547 0.0551
March 0.0570 0.0551 0.0560
April 0.0577 0.0561 0.0569
May 0.0590 0.0573 0.0581
June 0.0605 0.0586 0.0592
July 0.0610 0.0600 0.0606
August 0.0625 0.0602 0.0617
September 0.0636 0.0620 0.0631
October 0.0657 0.0631 0.0640
November 0.0661 0.0639 0.0652
December 0.0678 0.0656 0.0666