YEARLY HIGH
0.0322 ANG
YEARLY LOW
0.0141 ANG
YEARLY AVERAGE
0.0249 ANG

2024 ETB to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0322. Conversely, the yearly low was recorded on December 31, dropping to 0.0141.

This high-to-low spread represents a total annual volatility of 0.0181 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0319 to the December average rate of 0.0142, the exchange rate registered a net change of -55.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0322 was down 4.62% compared to the 2023 peak of 0.0337, 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 161 ANG
2023 Average 165 ANG
Yearly Trough Low 70 ANG
Transaction Impact: A difference of 90.33 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0337
0.0125
JanuMarcMayJulySeptNove

ETB to ANG 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 0.0317, compared to 0.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.0317
H2 Avg (Jul–Dec) 0.0180

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0076 ANG (High: 0.0314 / Low: 0.0239). On the other end, March was the most stable month, with a tight range of 0.0002 ANG (High: 0.0319 / Low: 0.0317).

July Spread (Volatile) ±0.0076
March Spread (Stable) ±0.0002

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 0.0133 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0319) against the same month in 2023 (average: 0.0336), the exchange rate shifted by -0.0017 (-4.96%).

2024 Avg (January) 0.0319
2023 Avg (January) 0.0336

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0322 0.0319 0.0319
February 0.0321 0.0318 0.0318
March 0.0319 0.0317 0.0317
April 0.0318 0.0314 0.0317
May 0.0316 0.0314 0.0314
June 0.0315 0.0312 0.0313
July 0.0314 0.0239 0.0310
August 0.0228 0.0160 0.0177
September 0.0163 0.0150 0.0156
October 0.0152 0.0148 0.0150
November 0.0150 0.0143 0.0147
December 0.0145 0.0141 0.0142