2024 ETB to AED Historical Review

YEARLY HIGH

0.0657 AED

YEARLY LOW

0.0287 AED

YEARLY AVERAGE

0.0507 AED

2024 ETB to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0657. Conversely, the yearly low was recorded on December 31, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0370 AED. From a start-to-finish perspective, comparing the January average rate of 0.0651 to the December average rate of 0.0290, the exchange rate registered a net change of -55.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0657 was down 5.02% compared to the 2023 peak of 0.0692, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 329 AED

2023 Average 336 AED

Yearly Trough Low 144 AED

Transaction Impact: A difference of 185.00 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0687

0.0254

JanuMarcMayJulySeptNove

ETB to AED 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 0.0645, compared to 0.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0278 points.

H1 Avg (Jan–Jun) 0.0645

H2 Avg (Jul–Dec) 0.0368

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0154 AED (High: 0.0641 / Low: 0.0487). On the other end, May was the most stable month, with a tight range of 0.0007 AED (High: 0.0645 / Low: 0.0638).

July Spread (Volatile) ±0.0154

May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0270 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0651) against the same month in 2023 (average: 0.0685), the exchange rate shifted by -0.0034 (-4.94%).

2024 Avg (January) 0.0651

2023 Avg (January) 0.0685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0657	0.0648	0.0651
February	0.0653	0.0643	0.0649
March	0.0652	0.0645	0.0647
April	0.0649	0.0638	0.0645
May	0.0645	0.0638	0.0641
June	0.0644	0.0636	0.0639
July	0.0641	0.0487	0.0632
August	0.0466	0.0326	0.0362
September	0.0333	0.0306	0.0318
October	0.0310	0.0301	0.0305
November	0.0306	0.0290	0.0300
December	0.0296	0.0287	0.0290