2024 ETB to JPY Historical Review

YEARLY HIGH

2.8149 JPY

YEARLY LOW

1.1817 JPY

YEARLY AVERAGE

2.0959 JPY

2024 ETB to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 2.8149. Conversely, the yearly low was recorded on December 7, dropping to 1.1817.

This high-to-low spread represents a total annual volatility of 1.6332 JPY. From a start-to-finish perspective, comparing the January average rate of 2.5905 to the December average rate of 1.2163, the exchange rate registered a net change of -53.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8149 was up 3.29% compared to the 2023 peak of 2.7253, 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 14,075 JPY

2023 Average 12,829 JPY

Yearly Trough Low 5,908 JPY

Transaction Impact: A difference of 8,166.06 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9028

1.0630

JanuMarcMayJulySeptNove

ETB to JPY 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 2.6743, compared to 1.5175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1568 points.

H1 Avg (Jan–Jun) 2.6743

H2 Avg (Jul–Dec) 1.5175

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.8291 JPY (High: 2.8149 / Low: 1.9858). On the other end, October was the most stable month, with a tight range of 0.0644 JPY (High: 1.2785 / Low: 1.2141).

July Spread (Volatile) ±0.8291

October Spread (Stable) ±0.0644

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.2723 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.7119) against the same month in 2023 (average: 2.5748), the exchange rate shifted by +0.1371 (+5.33%).

2024 Avg (July) 2.7119

2023 Avg (July) 2.5748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6265	2.4987	2.5905
February	2.6623	2.5946	2.6423
March	2.6881	2.5839	2.6399
April	2.7766	2.6618	2.7070
May	2.7501	2.6740	2.7165
June	2.7901	2.7012	2.7495
July	2.8149	1.9858	2.7119
August	1.8932	1.2770	1.4396
September	1.3255	1.1926	1.2399
October	1.2785	1.2141	1.2455
November	1.2836	1.1872	1.2517
December	1.2610	1.1817	1.2163