2020 TWD to ETB Historical Review

YEARLY HIGH

1.4032 ETB

YEARLY LOW

1.0463 ETB

YEARLY AVERAGE

1.1888 ETB

2020 TWD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TWD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.4032. Conversely, the yearly low was recorded on February 3, dropping to 1.0463.

This high-to-low spread represents a total annual volatility of 0.3569 ETB. From a start-to-finish perspective, comparing the January average rate of 1.0682 to the December average rate of 1.3733, the exchange rate registered a net change of 28.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4032 was up 31.33% compared to the 2019 peak of 1.0685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,016 ETB

2019 Average 4,731 ETB

Yearly Trough Low 5,232 ETB

Transaction Impact: A difference of 1,784.59 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4042

1.0330

JanuMarcMayJulySeptNove

TWD 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 1.1003, compared to 1.2774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1770 points.

H1 Avg (Jan–Jun) 1.1003

H2 Avg (Jul–Dec) 1.2774

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0703 ETB (High: 1.3422 / Low: 1.2719). On the other end, January was the most stable month, with a tight range of 0.0175 ETB (High: 1.0748 / Low: 1.0573).

October Spread (Volatile) ±0.0703

January Spread (Stable) ±0.0175

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 0.0042 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.3733) against the same month in 2019 (average: 1.0411), the exchange rate shifted by +0.3322 (+31.90%).

2020 Avg (December) 1.3733

2019 Avg (December) 1.0411

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0748	1.0573	1.0682
February	1.0744	1.0463	1.0639
March	1.0921	1.0734	1.0830
April	1.1202	1.0822	1.0990
May	1.1419	1.1087	1.1272
June	1.1918	1.1447	1.1607
July	1.2022	1.1823	1.1957
August	1.2318	1.1932	1.2174
September	1.2737	1.2281	1.2544
October	1.3422	1.2719	1.2965
November	1.3400	1.2956	1.3269
December	1.4032	1.3416	1.3733