YEARLY HIGH
0.0275 AUD
YEARLY LOW
0.0121 AUD
YEARLY AVERAGE
0.0209 AUD

2024 ETB to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0275. Conversely, the yearly low was recorded on October 3, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0154 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0267 to the December average rate of 0.0125, the exchange rate registered a net change of -53.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0275 was down 3.97% compared to the 2023 peak of 0.0286, 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 137 AUD
2023 Average 138 AUD
Yearly Trough Low 60 AUD
Transaction Impact: A difference of 77.11 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0285
0.0109
JanuMarcMayJulySeptNove

ETB to AUD 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 0.0267, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.0267
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0065 AUD (High: 0.0195 / Low: 0.0131). On the other end, February was the most stable month, with a tight range of 0.0005 AUD (High: 0.0274 / Low: 0.0269).

August Spread (Volatile) ±0.0065
February Spread (Stable) ±0.0005

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 0.0110 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0270) against the same month in 2023 (average: 0.0276), the exchange rate shifted by -0.0006 (-2.17%).

2024 Avg (April) 0.0270
2023 Avg (April) 0.0276

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0271 0.0260 0.0267
February 0.0274 0.0269 0.0271
March 0.0272 0.0265 0.0269
April 0.0275 0.0265 0.0270
May 0.0268 0.0260 0.0263
June 0.0265 0.0259 0.0262
July 0.0265 0.0202 0.0258
August 0.0195 0.0131 0.0148
September 0.0135 0.0121 0.0128
October 0.0127 0.0121 0.0124
November 0.0127 0.0122 0.0125
December 0.0129 0.0122 0.0125