2024 AED to ETB Historical Review

YEARLY HIGH

34.8282 ETB

YEARLY LOW

15.2177 ETB

YEARLY AVERAGE

22.4111 ETB

2024 AED to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 34.8282. Conversely, the yearly low was recorded on January 7, dropping to 15.2177.

This high-to-low spread represents a total annual volatility of 19.6105 ETB. From a start-to-finish perspective, comparing the January average rate of 15.3624 to the December average rate of 34.4793, the exchange rate registered a net change of 124.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.8282 was up 126.70% compared to the 2023 peak of 15.3630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,141 ETB

2023 Average 74,528 ETB

Yearly Trough Low 76,088 ETB

Transaction Impact: A difference of 98,052.60 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.3910

13.4508

JanuMarcMayJulySeptNove

AED 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 15.4975, compared to 29.3247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.8271 points.

H1 Avg (Jan–Jun) 15.4975

H2 Avg (Jul–Dec) 29.3247

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 9.2381 ETB (High: 30.6956 / Low: 21.4575). On the other end, May was the most stable month, with a tight range of 0.1642 ETB (High: 15.6742 / Low: 15.5100).

August Spread (Volatile) ±9.2381

May Spread (Stable) ±0.1642

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 2024: 34.4793) against the same month in 2023 (average: 15.2916), the exchange rate shifted by +19.1878 (+125.48%).

2024 Avg (December) 34.4793

2023 Avg (December) 15.2916

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.4210	15.2177	15.3624
February	15.5538	15.3194	15.4166
March	15.5040	15.3386	15.4472
April	15.6638	15.4142	15.4943
May	15.6742	15.5100	15.6085
June	15.7335	15.5343	15.6560
July	20.5350	15.5968	15.8594
August	30.6956	21.4575	28.0190
September	32.6315	30.0713	31.4380
October	33.2105	32.2256	32.7719
November	34.4288	32.6569	33.3803
December	34.8282	33.8028	34.4793