2024 ETB to HKD Historical Review

YEARLY HIGH

0.1398 HKD

YEARLY LOW

0.0607 HKD

YEARLY AVERAGE

0.1077 HKD

2024 ETB to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1398. Conversely, the yearly low was recorded on December 31, dropping to 0.0607.

This high-to-low spread represents a total annual volatility of 0.0790 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1385 to the December average rate of 0.0614, the exchange rate registered a net change of -55.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1398 was down 5.48% compared to the 2023 peak of 0.1479, 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 699 HKD

2023 Average 715 HKD

Yearly Trough Low 304 HKD

Transaction Impact: A difference of 395.22 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1462

0.0537

JanuMarcMayJulySeptNove

ETB to HKD 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 0.1374, compared to 0.0780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0594 points.

H1 Avg (Jan–Jun) 0.1374

H2 Avg (Jul–Dec) 0.0780

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0328 HKD (High: 0.1363 / Low: 0.1036). On the other end, May was the most stable month, with a tight range of 0.0015 HKD (High: 0.1371 / Low: 0.1356).

July Spread (Volatile) ±0.0328

May Spread (Stable) ±0.0015

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 0.0576 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1385) against the same month in 2023 (average: 0.1458), the exchange rate shifted by -0.0073 (-4.99%).

2024 Avg (January) 0.1385

2023 Avg (January) 0.1458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1398	0.1380	0.1385
February	0.1390	0.1369	0.1381
March	0.1389	0.1373	0.1379
April	0.1383	0.1361	0.1376
May	0.1371	0.1356	0.1363
June	0.1369	0.1352	0.1358
July	0.1363	0.1036	0.1344
August	0.0991	0.0692	0.0767
September	0.0706	0.0650	0.0675
October	0.0657	0.0637	0.0646
November	0.0648	0.0615	0.0635
December	0.0626	0.0607	0.0614