2024 ETB to SBD Historical Review

YEARLY HIGH

0.1541 SBD

YEARLY LOW

0.0655 SBD

YEARLY AVERAGE

0.1164 SBD

2024 ETB to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1541. Conversely, the yearly low was recorded on December 31, dropping to 0.0655.

This high-to-low spread represents a total annual volatility of 0.0885 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1492 to the December average rate of 0.0662, the exchange rate registered a net change of -55.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1541 was down 0.94% compared to the 2023 peak of 0.1555, 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 770 SBD

2023 Average 762 SBD

Yearly Trough Low 328 SBD

Transaction Impact: A difference of 442.64 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1576

0.0579

JanuMarcMayJulySeptNove

ETB to SBD 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 0.1487, compared to 0.0841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0646 points.

H1 Avg (Jan–Jun) 0.1487

H2 Avg (Jul–Dec) 0.0841

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0357 SBD (High: 0.1476 / Low: 0.1119). On the other end, May was the most stable month, with a tight range of 0.0014 SBD (High: 0.1488 / Low: 0.1475).

July Spread (Volatile) ±0.0357

May Spread (Stable) ±0.0014

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 0.0619 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1492) against the same month in 2023 (average: 0.1531), the exchange rate shifted by -0.0039 (-2.53%).

2024 Avg (March) 0.1492

2023 Avg (March) 0.1531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1510	0.1476	0.1492
February	0.1501	0.1475	0.1493
March	0.1541	0.1480	0.1492
April	0.1500	0.1473	0.1490
May	0.1488	0.1475	0.1480
June	0.1483	0.1461	0.1472
July	0.1476	0.1119	0.1454
August	0.1075	0.0745	0.0835
September	0.0767	0.0693	0.0723
October	0.0703	0.0680	0.0690
November	0.0694	0.0664	0.0682
December	0.0675	0.0655	0.0662