2024 ETB to GBP Historical Review

YEARLY HIGH

0.0143 GBP

YEARLY LOW

0.0062 GBP

YEARLY AVERAGE

0.0108 GBP

2024 ETB to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0143. Conversely, the yearly low was recorded on December 10, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0081 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0063, the exchange rate registered a net change of -55.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0143 was down 9.33% compared to the 2023 peak of 0.0157, 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 71 GBP

2023 Average 73 GBP

Yearly Trough Low 31 GBP

Transaction Impact: A difference of 40.49 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0148

0.0055

JanuMarcMayJulySeptNove

ETB to GBP 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 0.0139, compared to 0.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.0139

H2 Avg (Jul–Dec) 0.0078

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0034 GBP (High: 0.0137 / Low: 0.0103). On the other end, October was the most stable month, with a tight range of 0.0002 GBP (High: 0.0065 / Low: 0.0063).

July Spread (Volatile) ±0.0034

October Spread (Stable) ±0.0002

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 0.0058 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0140) against the same month in 2023 (average: 0.0148), the exchange rate shifted by -0.0008 (-5.28%).

2024 Avg (April) 0.0140

2023 Avg (April) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0141	0.0138	0.0139
February	0.0142	0.0139	0.0140
March	0.0141	0.0137	0.0139
April	0.0143	0.0139	0.0140
May	0.0140	0.0136	0.0138
June	0.0138	0.0136	0.0137
July	0.0137	0.0103	0.0134
August	0.0100	0.0067	0.0076
September	0.0069	0.0062	0.0066
October	0.0065	0.0063	0.0064
November	0.0065	0.0062	0.0064
December	0.0064	0.0062	0.0063