2024 ETB to BBD Historical Review

YEARLY HIGH

0.0358 BBD

YEARLY LOW

0.0156 BBD

YEARLY AVERAGE

0.0276 BBD

2024 ETB to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0358. Conversely, the yearly low was recorded on December 31, dropping to 0.0156.

This high-to-low spread represents a total annual volatility of 0.0201 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0354 to the December average rate of 0.0158, 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 0.0358 was down 5.02% compared to the 2023 peak of 0.0377, 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 179 BBD

2023 Average 183 BBD

Yearly Trough Low 78 BBD

Transaction Impact: A difference of 100.75 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0374

0.0138

JanuMarcMayJulySeptNove

ETB to BBD 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 0.0351, compared to 0.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.0351

H2 Avg (Jul–Dec) 0.0200

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0084 BBD (High: 0.0349 / Low: 0.0265). On the other end, May was the most stable month, with a tight range of 0.0004 BBD (High: 0.0351 / Low: 0.0347).

July Spread (Volatile) ±0.0084

May Spread (Stable) ±0.0004

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 0.0147 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0354) against the same month in 2023 (average: 0.0373), the exchange rate shifted by -0.0018 (-4.94%).

2024 Avg (January) 0.0354

2023 Avg (January) 0.0373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0358	0.0353	0.0354
February	0.0355	0.0350	0.0353
March	0.0355	0.0351	0.0353
April	0.0353	0.0348	0.0351
May	0.0351	0.0347	0.0349
June	0.0351	0.0346	0.0348
July	0.0349	0.0265	0.0344
August	0.0254	0.0177	0.0197
September	0.0181	0.0167	0.0173
October	0.0169	0.0164	0.0166
November	0.0167	0.0158	0.0163
December	0.0161	0.0156	0.0158