2024 CHF to ETB Historical Review

YEARLY HIGH

144.2918 ETB

YEARLY LOW

62.0748 ETB

YEARLY AVERAGE

93.8959 ETB

2024 CHF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 144.2918. Conversely, the yearly low was recorded on April 13, dropping to 62.0748.

This high-to-low spread represents a total annual volatility of 82.2170 ETB. From a start-to-finish perspective, comparing the January average rate of 65.7533 to the December average rate of 141.9878, the exchange rate registered a net change of 115.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 144.2918 was up 115.04% compared to the 2023 peak of 67.1004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 721,459 ETB

2023 Average 304,913 ETB

Yearly Trough Low 310,374 ETB

Transaction Impact: A difference of 411,085.23 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

149.9340

54.5799

JanuMarcMayJulySeptNove

CHF 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 64.0090, compared to 123.7828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 59.7738 points.

H1 Avg (Jan–Jun) 64.0090

H2 Avg (Jul–Dec) 123.7828

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 43.6683 ETB (High: 133.9499 / Low: 90.2815). On the other end, April was the most stable month, with a tight range of 0.9721 ETB (High: 63.0468 / Low: 62.0748).

August Spread (Volatile) ±43.6683

April Spread (Stable) ±0.9721

Growth Streaks & Declines

Trends

Between April and October, 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 March and April, when the average rate fell by 1.3100 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.3100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 141.9878) against the same month in 2023 (average: 65.0252), the exchange rate shifted by +76.9626 (+118.36%).

2024 Avg (December) 141.9878

2023 Avg (December) 65.0252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	67.0798	64.9538	65.7533
February	65.8879	63.8038	64.5742
March	64.7271	62.7314	63.8362
April	63.0468	62.0748	62.5261
May	63.7555	62.4298	63.0665
June	65.0530	63.6178	64.2978
July	85.8805	63.4791	65.3345
August	133.9499	90.2815	120.0565
September	142.2013	129.8291	136.3316
October	141.9865	137.0015	139.7516
November	143.3300	136.7949	139.2350
December	144.2918	139.0222	141.9878