YEARLY HIGH
0.0767 ETB
YEARLY LOW
0.0615 ETB
YEARLY AVERAGE
0.0681 ETB

2020 SYP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0767. Conversely, the yearly low was recorded on February 3, dropping to 0.0615.

This high-to-low spread represents a total annual volatility of 0.0152 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0623 to the December average rate of 0.0755, the exchange rate registered a net change of 21.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0767 was up 23.57% compared to the 2019 peak of 0.0621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 384 ETB
2019 Average 284 ETB
Yearly Trough Low 307 ETB
Transaction Impact: A difference of 76.14 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0768
0.0609
JanuMarcMayJulySeptNove

SYP 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 0.0642, compared to 0.0720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0642
H2 Avg (Jul–Dec) 0.0720

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0025 ETB (High: 0.0743 / Low: 0.0718). On the other end, January was the most stable month, with a tight range of 0.0005 ETB (High: 0.0626 / Low: 0.0620).

October Spread (Volatile) ±0.0025
January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0755) against the same month in 2019 (average: 0.0611), the exchange rate shifted by +0.0143 (+23.44%).

2020 Avg (December) 0.0755
2019 Avg (December) 0.0611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0626 0.0620 0.0623
February 0.0630 0.0615 0.0623
March 0.0642 0.0628 0.0633
April 0.0651 0.0633 0.0644
May 0.0667 0.0647 0.0657
June 0.0683 0.0663 0.0670
July 0.0688 0.0679 0.0686
August 0.0707 0.0683 0.0698
September 0.0719 0.0705 0.0716
October 0.0743 0.0718 0.0726
November 0.0745 0.0722 0.0738
December 0.0767 0.0745 0.0755