2024 ETB to FJD Historical Review

YEARLY HIGH

0.0403 FJD

YEARLY LOW

0.0179 FJD

YEARLY AVERAGE

0.0310 FJD

2024 ETB to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0403. Conversely, the yearly low was recorded on November 27, dropping to 0.0179.

This high-to-low spread represents a total annual volatility of 0.0224 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0182, the exchange rate registered a net change of -53.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0403 was down 3.49% compared to the 2023 peak of 0.0418, 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 202 FJD

2023 Average 204 FJD

Yearly Trough Low 90 FJD

Transaction Impact: A difference of 112.02 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0420

0.0161

JanuMarcMayJulySeptNove

ETB to FJD 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 0.0395, compared to 0.0225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.0395

H2 Avg (Jul–Dec) 0.0225

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0096 FJD (High: 0.0395 / Low: 0.0299). On the other end, December was the most stable month, with a tight range of 0.0007 FJD (High: 0.0187 / Low: 0.0180).

July Spread (Volatile) ±0.0096

December Spread (Stable) ±0.0007

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 0.0166 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0397) against the same month in 2023 (average: 0.0413), the exchange rate shifted by -0.0016 (-3.82%).

2024 Avg (March) 0.0397

2023 Avg (March) 0.0413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0401	0.0389	0.0396
February	0.0402	0.0394	0.0397
March	0.0403	0.0392	0.0397
April	0.0402	0.0393	0.0398
May	0.0400	0.0388	0.0394
June	0.0394	0.0388	0.0391
July	0.0395	0.0299	0.0386
August	0.0287	0.0195	0.0220
September	0.0202	0.0183	0.0191
October	0.0190	0.0182	0.0186
November	0.0188	0.0179	0.0185
December	0.0187	0.0180	0.0182