2024 ETB to BTN Historical Review

YEARLY HIGH

1.4951 BTN

YEARLY LOW

0.6663 BTN

YEARLY AVERAGE

1.1515 BTN

2024 ETB to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.4951. Conversely, the yearly low was recorded on December 11, dropping to 0.6663.

This high-to-low spread represents a total annual volatility of 0.8288 BTN. From a start-to-finish perspective, comparing the January average rate of 1.4728 to the December average rate of 0.6708, the exchange rate registered a net change of -54.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.4951 was down 3.33% compared to the 2023 peak of 1.5467, 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 7,476 BTN

2023 Average 7,540 BTN

Yearly Trough Low 3,332 BTN

Transaction Impact: A difference of 4,143.92 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5530

0.5906

JanuMarcMayJulySeptNove

ETB to BTN 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 1.4619, compared to 0.8411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6208 points.

H1 Avg (Jan–Jun) 1.4619

H2 Avg (Jul–Dec) 0.8411

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.3505 BTN (High: 1.4594 / Low: 1.1089). On the other end, December was the most stable month, with a tight range of 0.0157 BTN (High: 0.6820 / Low: 0.6663).

July Spread (Volatile) ±0.3505

December Spread (Stable) ±0.0157

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 0.6130 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.4728) against the same month in 2023 (average: 1.5255), the exchange rate shifted by -0.0527 (-3.46%).

2024 Avg (January) 1.4728

2023 Avg (January) 1.5255

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4951	1.4653	1.4728
February	1.4777	1.4602	1.4656
March	1.4781	1.4562	1.4626
April	1.4704	1.4519	1.4647
May	1.4669	1.4437	1.4539
June	1.4618	1.4433	1.4517
July	1.4594	1.1089	1.4378
August	1.0617	0.7444	0.8249
September	0.7603	0.6971	0.7263
October	0.7095	0.6883	0.6985
November	0.7015	0.6680	0.6880
December	0.6820	0.6663	0.6708