2024 FJD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 55.7535. Conversely, the yearly low was recorded on March 23, dropping to 24.7896.
This high-to-low spread represents a total annual volatility of 30.9639 ETB. From a start-to-finish perspective, comparing the January average rate of 25.2648 to the December average rate of 54.8904, the exchange rate registered a net change of 117.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 55.7535 was up 116.88% compared to the 2023 peak of 25.7065, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FJD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.2895, compared to 47.8853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.5958 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 16.3568 ETB (High: 51.2068 / Low: 34.8500). On the other end, June was the most stable month, with a tight range of 0.4503 ETB (High: 25.8057 / Low: 25.3555).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0893 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 54.0952) against the same month in 2023 (average: 24.6745), the exchange rate shifted by +29.4207 (+119.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.7297 | 24.9151 | 25.2648 |
| February | 25.3931 | 24.8957 | 25.1755 |
| March | 25.4811 | 24.7896 | 25.1972 |
| April | 25.4323 | 24.8453 | 25.1079 |
| May | 25.7830 | 24.9711 | 25.4116 |
| June | 25.8057 | 25.3555 | 25.5798 |
| July | 33.4575 | 25.3226 | 25.9592 |
| August | 51.2068 | 34.8500 | 46.1696 |
| September | 54.7712 | 49.5359 | 52.3070 |
| October | 54.9571 | 52.6303 | 53.8902 |
| November | 55.7535 | 53.0769 | 54.0952 |
| December | 55.5744 | 53.5844 | 54.8904 |