2024 ARS to ETB Historical Review

YEARLY HIGH

0.1255 ETB

YEARLY LOW

0.0620 ETB

YEARLY AVERAGE

0.0883 ETB

2024 ARS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.1255. Conversely, the yearly low was recorded on July 20, dropping to 0.0620.

This high-to-low spread represents a total annual volatility of 0.0635 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0690 to the December average rate of 0.1242, the exchange rate registered a net change of 79.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1255 was down 58.65% compared to the 2023 peak of 0.3034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 627 ETB

2023 Average 1,041 ETB

Yearly Trough Low 310 ETB

Transaction Impact: A difference of 317.31 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1303

0.0571

JanuMarcMayJulySeptNove

ARS 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 0.0663, compared to 0.1104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0442 points.

H1 Avg (Jan–Jun) 0.0663

H2 Avg (Jul–Dec) 0.1104

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0342 ETB (High: 0.1188 / Low: 0.0846). On the other end, June was the most stable month, with a tight range of 0.0010 ETB (High: 0.0642 / Low: 0.0632).

August Spread (Volatile) ±0.0342

June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1227) against the same month in 2023 (average: 0.1578), the exchange rate shifted by -0.0351 (-22.27%).

2024 Avg (November) 0.1227

2023 Avg (November) 0.1578

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0696	0.0680	0.0690
February	0.0684	0.0673	0.0679
March	0.0675	0.0659	0.0667
April	0.0663	0.0651	0.0656
May	0.0655	0.0638	0.0647
June	0.0642	0.0632	0.0636
July	0.0810	0.0620	0.0632
August	0.1188	0.0846	0.1094
September	0.1241	0.1159	0.1202
October	0.1248	0.1209	0.1229
November	0.1255	0.1213	0.1227
December	0.1253	0.1220	0.1242