2024 ETB to CNY Historical Review

YEARLY HIGH

0.1283 CNY

YEARLY LOW

0.0570 CNY

YEARLY AVERAGE

0.0990 CNY

2024 ETB to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.1283. Conversely, the yearly low was recorded on December 31, dropping to 0.0570.

This high-to-low spread represents a total annual volatility of 0.0713 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1260 to the December average rate of 0.0575, the exchange rate registered a net change of -54.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1283 was down 3.66% compared to the 2023 peak of 0.1332, 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 642 CNY

2023 Average 646 CNY

Yearly Trough Low 285 CNY

Transaction Impact: A difference of 356.39 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1340

0.0505

JanuMarcMayJulySeptNove

ETB to CNY 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 0.1261, compared to 0.0720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 0.1261

H2 Avg (Jul–Dec) 0.0720

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0312 CNY (High: 0.1269 / Low: 0.0957). On the other end, December was the most stable month, with a tight range of 0.0017 CNY (High: 0.0588 / Low: 0.0570).

July Spread (Volatile) ±0.0312

December Spread (Stable) ±0.0017

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 0.0545 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1269) against the same month in 2023 (average: 0.1282), the exchange rate shifted by -0.0014 (-1.08%).

2024 Avg (March) 0.1269

2023 Avg (March) 0.1282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1274	0.1253	0.1260
February	0.1273	0.1247	0.1264
March	0.1283	0.1260	0.1269
April	0.1278	0.1251	0.1270
May	0.1270	0.1234	0.1250
June	0.1271	0.1230	0.1255
July	0.1269	0.0957	0.1249
August	0.0919	0.0632	0.0704
September	0.0642	0.0587	0.0613
October	0.0599	0.0582	0.0589
November	0.0595	0.0573	0.0588
December	0.0588	0.0570	0.0575