2024 ETB to BRL Historical Review

YEARLY HIGH

0.0990 BRL

YEARLY LOW

0.0453 BRL

YEARLY AVERAGE

0.0730 BRL

2024 ETB to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.0990. Conversely, the yearly low was recorded on October 3, dropping to 0.0453.

This high-to-low spread represents a total annual volatility of 0.0537 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0870 to the December average rate of 0.0483, the exchange rate registered a net change of -44.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0990 was down 3.17% compared to the 2023 peak of 0.1022, 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 495 BRL

2023 Average 456 BRL

Yearly Trough Low 226 BRL

Transaction Impact: A difference of 268.31 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1002

0.0419

JanuMarcMayJulySeptNove

ETB to BRL 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 0.0893, compared to 0.0568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0326 points.

H1 Avg (Jan–Jun) 0.0893

H2 Avg (Jul–Dec) 0.0568

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0241 BRL (High: 0.0730 / Low: 0.0489). On the other end, February was the most stable month, with a tight range of 0.0016 BRL (High: 0.0886 / Low: 0.0870).

August Spread (Volatile) ±0.0241

February Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0405 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0405

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0953) against the same month in 2023 (average: 0.0875), the exchange rate shifted by +0.0078 (+8.90%).

2024 Avg (July) 0.0953

2023 Avg (July) 0.0875

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0884	0.0859	0.0870
February	0.0886	0.0870	0.0877
March	0.0888	0.0871	0.0879
April	0.0930	0.0880	0.0901
May	0.0915	0.0885	0.0896
June	0.0970	0.0914	0.0938
July	0.0990	0.0750	0.0953
August	0.0730	0.0489	0.0548
September	0.0509	0.0455	0.0480
October	0.0480	0.0453	0.0467
November	0.0489	0.0463	0.0474
December	0.0530	0.0468	0.0483