2024 CRC to ETB Historical Review

YEARLY HIGH

0.2536 ETB

YEARLY LOW

0.1073 ETB

YEARLY AVERAGE

0.1598 ETB

2024 CRC to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.2536. Conversely, the yearly low was recorded on July 9, dropping to 0.1073.

This high-to-low spread represents a total annual volatility of 0.1463 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1091 to the December average rate of 0.2504, the exchange rate registered a net change of 129.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2536 was up 133.94% compared to the 2023 peak of 0.1084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,268 ETB

2023 Average 506 ETB

Yearly Trough Low 537 ETB

Transaction Impact: A difference of 731.35 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2645

0.0950

JanuMarcMayJulySeptNove

CRC 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 0.1108, compared to 0.2088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0980 points.

H1 Avg (Jan–Jun) 0.1108

H2 Avg (Jul–Dec) 0.2088

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0626 ETB (High: 0.2135 / Low: 0.1509). On the other end, February was the most stable month, with a tight range of 0.0021 ETB (High: 0.1108 / Low: 0.1087).

August Spread (Volatile) ±0.0626

February Spread (Stable) ±0.0021

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 0.0024 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2504) against the same month in 2023 (average: 0.1069), the exchange rate shifted by +0.1434 (+134.12%).

2024 Avg (December) 0.2504

2023 Avg (December) 0.1069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1107	0.1079	0.1091
February	0.1108	0.1087	0.1098
March	0.1132	0.1104	0.1116
April	0.1142	0.1114	0.1129
May	0.1123	0.1101	0.1118
June	0.1104	0.1079	0.1094
July	0.1423	0.1073	0.1106
August	0.2135	0.1509	0.1961
September	0.2314	0.2126	0.2223
October	0.2382	0.2285	0.2332
November	0.2487	0.2342	0.2402
December	0.2536	0.2464	0.2504