2024 ETB to PEN Historical Review

YEARLY HIGH

0.0685 PEN

YEARLY LOW

0.0292 PEN

YEARLY AVERAGE

0.0518 PEN

2024 ETB to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0685. Conversely, the yearly low was recorded on December 11, dropping to 0.0292.

This high-to-low spread represents a total annual volatility of 0.0393 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0661 to the December average rate of 0.0295, the exchange rate registered a net change of -55.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0685 was down 5.88% compared to the 2023 peak of 0.0728, 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 342 PEN

2023 Average 342 PEN

Yearly Trough Low 146 PEN

Transaction Impact: A difference of 196.54 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0714

0.0257

JanuMarcMayJulySeptNove

ETB to PEN 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 0.0659, compared to 0.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 0.0659

H2 Avg (Jul–Dec) 0.0376

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0175 PEN (High: 0.0670 / Low: 0.0495). On the other end, December was the most stable month, with a tight range of 0.0008 PEN (High: 0.0300 / Low: 0.0292).

July Spread (Volatile) ±0.0175

December Spread (Stable) ±0.0008

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 0.0280 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0676) against the same month in 2023 (average: 0.0715), the exchange rate shifted by -0.0038 (-5.37%).

2024 Avg (February) 0.0676

2023 Avg (February) 0.0715

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0677	0.0654	0.0661
February	0.0685	0.0667	0.0676
March	0.0668	0.0646	0.0655
April	0.0663	0.0647	0.0653
May	0.0659	0.0643	0.0651
June	0.0664	0.0649	0.0658
July	0.0670	0.0495	0.0648
August	0.0474	0.0332	0.0368
September	0.0342	0.0313	0.0327
October	0.0318	0.0308	0.0312
November	0.0314	0.0296	0.0308
December	0.0300	0.0292	0.0295