2024 CDF to ETB Historical Review

YEARLY HIGH

0.0449 ETB

YEARLY LOW

0.0201 ETB

YEARLY AVERAGE

0.0291 ETB

2024 CDF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0449. Conversely, the yearly low was recorded on July 11, dropping to 0.0201.

This high-to-low spread represents a total annual volatility of 0.0247 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0444, the exchange rate registered a net change of 114.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0449 was up 68.47% compared to the 2023 peak of 0.0266, 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 224 ETB

2023 Average 118 ETB

Yearly Trough Low 101 ETB

Transaction Impact: A difference of 123.70 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0468

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 0.0205, compared to 0.0378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 0.0205

H2 Avg (Jul–Dec) 0.0378

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0121 ETB (High: 0.0397 / Low: 0.0276). On the other end, March was the most stable month, with a tight range of 0.0002 ETB (High: 0.0205 / Low: 0.0203).

August Spread (Volatile) ±0.0121

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0444) against the same month in 2023 (average: 0.0206), the exchange rate shifted by +0.0237 (+115.09%).

2024 Avg (December) 0.0444

2023 Avg (December) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0212	0.0205	0.0207
February	0.0207	0.0204	0.0205
March	0.0205	0.0203	0.0204
April	0.0206	0.0201	0.0204
May	0.0206	0.0203	0.0205
June	0.0205	0.0201	0.0203
July	0.0264	0.0201	0.0205
August	0.0397	0.0276	0.0361
September	0.0420	0.0388	0.0405
October	0.0428	0.0415	0.0422
November	0.0442	0.0421	0.0429
December	0.0449	0.0435	0.0444