2024 ETB to INR Historical Review

YEARLY HIGH

1.4881 INR

YEARLY LOW

0.6671 INR

YEARLY AVERAGE

1.1518 INR

2024 ETB to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.4881. Conversely, the yearly low was recorded on December 7, dropping to 0.6671.

This high-to-low spread represents a total annual volatility of 0.8210 INR. From a start-to-finish perspective, comparing the January average rate of 1.4729 to the December average rate of 0.6713, the exchange rate registered a net change of -54.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.4881 was down 4.28% compared to the 2023 peak of 1.5547, 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 7,441 INR

2023 Average 7,542 INR

Yearly Trough Low 3,336 INR

Transaction Impact: A difference of 4,104.91 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5531

0.5911

JanuMarcMayJulySeptNove

ETB to INR 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 1.4623, compared to 0.8413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6210 points.

H1 Avg (Jan–Jun) 1.4623

H2 Avg (Jul–Dec) 0.8413

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.3516 INR (High: 1.4616 / Low: 1.1100). On the other end, December was the most stable month, with a tight range of 0.0171 INR (High: 0.6842 / Low: 0.6671).

July Spread (Volatile) ±0.3516

December Spread (Stable) ±0.0171

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 0.6129 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.4729) against the same month in 2023 (average: 1.5237), the exchange rate shifted by -0.0508 (-3.33%).

2024 Avg (January) 1.4729

2023 Avg (January) 1.5237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4881	1.4665	1.4729
February	1.4759	1.4528	1.4653
March	1.4840	1.4561	1.4641
April	1.4734	1.4497	1.4659
May	1.4637	1.4453	1.4541
June	1.4643	1.4434	1.4518
July	1.4616	1.1100	1.4385
August	1.0626	0.7444	0.8256
September	0.7593	0.6977	0.7262
October	0.7094	0.6894	0.6983
November	0.7010	0.6676	0.6882
December	0.6842	0.6671	0.6713