2024 DJF to ETB Historical Review

YEARLY HIGH

0.7194 ETB

YEARLY LOW

0.3148 ETB

YEARLY AVERAGE

0.4629 ETB

2024 DJF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7194. Conversely, the yearly low was recorded on January 7, dropping to 0.3148.

This high-to-low spread represents a total annual volatility of 0.4046 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3172 to the December average rate of 0.7120, the exchange rate registered a net change of 124.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7194 was up 126.70% compared to the 2023 peak of 0.3173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,597 ETB

2023 Average 1,539 ETB

Yearly Trough Low 1,574 ETB

Transaction Impact: A difference of 2,022.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7515

0.2777

JanuMarcMayJulySeptNove

DJF 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 0.3201, compared to 0.6057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2856 points.

H1 Avg (Jan–Jun) 0.3201

H2 Avg (Jul–Dec) 0.6057

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1909 ETB (High: 0.6342 / Low: 0.4434). On the other end, March was the most stable month, with a tight range of 0.0025 ETB (High: 0.3200 / Low: 0.3175).

August Spread (Volatile) ±0.1909

March Spread (Stable) ±0.0025

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: 0.7120) against the same month in 2023 (average: 0.3153), the exchange rate shifted by +0.3967 (+125.81%).

2024 Avg (December) 0.7120

2023 Avg (December) 0.3153

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3183	0.3148	0.3172
February	0.3192	0.3157	0.3182
March	0.3200	0.3175	0.3192
April	0.3226	0.3183	0.3200
May	0.3253	0.3207	0.3227
June	0.3251	0.3203	0.3234
July	0.4243	0.3220	0.3276
August	0.6342	0.4434	0.5794
September	0.6737	0.6199	0.6490
October	0.6862	0.6659	0.6768
November	0.7114	0.6744	0.6894
December	0.7194	0.6980	0.7120