2024 ETB to NZD Historical Review

YEARLY HIGH

0.0300 NZD

YEARLY LOW

0.0132 NZD

YEARLY AVERAGE

0.0228 NZD

2024 ETB to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0300. Conversely, the yearly low was recorded on September 24, dropping to 0.0132.

This high-to-low spread represents a total annual volatility of 0.0168 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0287 to the December average rate of 0.0138, the exchange rate registered a net change of -52.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0300 was down 3.36% compared to the 2023 peak of 0.0310, 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 150 NZD

2023 Average 149 NZD

Yearly Trough Low 66 NZD

Transaction Impact: A difference of 84.00 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0311

0.0121

JanuMarcMayJulySeptNove

ETB to NZD 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 0.0289, compared to 0.0166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.0289

H2 Avg (Jul–Dec) 0.0166

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0072 NZD (High: 0.0214 / Low: 0.0142). On the other end, June was the most stable month, with a tight range of 0.0005 NZD (High: 0.0286 / Low: 0.0281).

August Spread (Volatile) ±0.0072

June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 0.0123 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0295) against the same month in 2023 (average: 0.0297), the exchange rate shifted by -0.0002 (-0.70%).

2024 Avg (April) 0.0295

2023 Avg (April) 0.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0292	0.0280	0.0287
February	0.0294	0.0285	0.0288
March	0.0296	0.0285	0.0290
April	0.0300	0.0290	0.0295
May	0.0295	0.0283	0.0287
June	0.0286	0.0281	0.0284
July	0.0294	0.0223	0.0285
August	0.0214	0.0142	0.0162
September	0.0146	0.0132	0.0139
October	0.0140	0.0133	0.0137
November	0.0140	0.0134	0.0138
December	0.0143	0.0135	0.0138