YEARLY HIGH
0.0258 ETB
YEARLY LOW
0.0177 ETB
YEARLY AVERAGE
0.0189 ETB

2020 CDF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0258. Conversely, the yearly low was recorded on June 29, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0081 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0190 to the December average rate of 0.0198, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0258 was up 35.82% compared to the 2019 peak of 0.0190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 129 ETB
2019 Average 88 ETB
Yearly Trough Low 88 ETB
Transaction Impact: A difference of 40.40 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0200
0.0179
JanuMarcMayJulySeptNove

CDF 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 0.0189, compared to 0.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0189
H2 Avg (Jul–Dec) 0.0189

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0064 ETB (High: 0.0258 / Low: 0.0194). On the other end, January was the most stable month, with a tight range of 0.0002 ETB (High: 0.0191 / Low: 0.0189).

December Spread (Volatile) ±0.0064
January Spread (Stable) ±0.0002

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 May and June, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0198) against the same month in 2019 (average: 0.0188), the exchange rate shifted by +0.0011 (+5.80%).

2020 Avg (December) 0.0198
2019 Avg (December) 0.0188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0191 0.0189 0.0190
February 0.0192 0.0187 0.0190
March 0.0193 0.0190 0.0191
April 0.0194 0.0189 0.0192
May 0.0195 0.0186 0.0189
June 0.0188 0.0177 0.0184
July 0.0184 0.0178 0.0181
August 0.0185 0.0178 0.0182
September 0.0188 0.0184 0.0187
October 0.0205 0.0187 0.0191
November 0.0194 0.0188 0.0193
December 0.0258 0.0194 0.0198