2024 ETB to EUR Historical Review

YEARLY HIGH

0.0166 EUR

YEARLY LOW

0.0075 EUR

YEARLY AVERAGE

0.0127 EUR

2024 ETB to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.0166. Conversely, the yearly low was recorded on December 7, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0091 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0162 to the December average rate of 0.0075, the exchange rate registered a net change of -53.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0166 was down 6.52% compared to the 2023 peak of 0.0177, 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 83 EUR

2023 Average 84 EUR

Yearly Trough Low 37 EUR

Transaction Impact: A difference of 45.54 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0173

0.0067

JanuMarcMayJulySeptNove

ETB to EUR 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 0.0163, compared to 0.0092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0163

H2 Avg (Jul–Dec) 0.0092

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0040 EUR (High: 0.0162 / Low: 0.0122). On the other end, December was the most stable month, with a tight range of 0.0003 EUR (High: 0.0077 / Low: 0.0075).

July Spread (Volatile) ±0.0040

December Spread (Stable) ±0.0003

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 0.0069 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0164) against the same month in 2023 (average: 0.0168), the exchange rate shifted by -0.0004 (-2.42%).

2024 Avg (April) 0.0164

2023 Avg (April) 0.0168

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0165	0.0160	0.0162
February	0.0165	0.0162	0.0164
March	0.0164	0.0161	0.0162
April	0.0166	0.0162	0.0164
May	0.0163	0.0160	0.0161
June	0.0164	0.0160	0.0162
July	0.0162	0.0122	0.0159
August	0.0118	0.0079	0.0089
September	0.0082	0.0075	0.0078
October	0.0078	0.0075	0.0076
November	0.0078	0.0075	0.0077
December	0.0077	0.0075	0.0075