2024 ETB to UYU Historical Review

YEARLY HIGH

0.7034 UYU

YEARLY LOW

0.3379 UYU

YEARLY AVERAGE

0.5477 UYU

2024 ETB to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.7034. Conversely, the yearly low was recorded on October 30, dropping to 0.3379.

This high-to-low spread represents a total annual volatility of 0.3655 UYU. From a start-to-finish perspective, comparing the January average rate of 0.6942 to the December average rate of 0.3473, the exchange rate registered a net change of -49.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7034 was down 5.64% compared to the 2023 peak of 0.7455, 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 3,517 UYU

2023 Average 3,547 UYU

Yearly Trough Low 1,689 UYU

Transaction Impact: A difference of 1,827.70 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7291

0.3106

JanuMarcMayJulySeptNove

ETB to UYU 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 0.6819, compared to 0.4136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2683 points.

H1 Avg (Jan–Jun) 0.6819

H2 Avg (Jul–Dec) 0.4136

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1698 UYU (High: 0.7034 / Low: 0.5336). On the other end, May was the most stable month, with a tight range of 0.0099 UYU (High: 0.6764 / Low: 0.6665).

July Spread (Volatile) ±0.1698

May Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2941 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.6911) against the same month in 2023 (average: 0.6902), the exchange rate shifted by +0.0009 (+0.14%).

2024 Avg (July) 0.6911

2023 Avg (July) 0.6902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7003	0.6853	0.6942
February	0.6945	0.6842	0.6910
March	0.6923	0.6601	0.6780
April	0.6856	0.6609	0.6752
May	0.6764	0.6665	0.6713
June	0.6886	0.6744	0.6815
July	0.7034	0.5336	0.6911
August	0.5109	0.3571	0.3970
September	0.3652	0.3431	0.3549
October	0.3519	0.3379	0.3456
November	0.3535	0.3382	0.3455
December	0.3583	0.3413	0.3473