YEARLY HIGH
0.6117 ETB
YEARLY LOW
0.2654 ETB
YEARLY AVERAGE
0.3934 ETB

2024 GYD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.6117. Conversely, the yearly low was recorded on March 13, dropping to 0.2654.

This high-to-low spread represents a total annual volatility of 0.3463 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2696 to the December average rate of 0.6056, the exchange rate registered a net change of 124.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6117 was up 127.28% compared to the 2023 peak of 0.2691, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GYD based on timing:

Yearly Peak High 3,058 ETB
2023 Average 1,303 ETB
Yearly Trough Low 1,327 ETB
Transaction Impact: A difference of 1,731.72 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6392
0.2360
JanuMarcMayJulySeptNove

GYD to ETB 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 0.2720, compared to 0.5149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2429 points.

H1 Avg (Jan–Jun) 0.2720
H2 Avg (Jul–Dec) 0.5149

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1619 ETB (High: 0.5389 / Low: 0.3770). On the other end, May was the most stable month, with a tight range of 0.0023 ETB (High: 0.2747 / Low: 0.2724).

August Spread (Volatile) ±0.1619
May Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6056) against the same month in 2023 (average: 0.2681), the exchange rate shifted by +0.3375 (+125.91%).

2024 Avg (December) 0.6056
2023 Avg (December) 0.2681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2705 0.2679 0.2696
February 0.2712 0.2686 0.2705
March 0.2718 0.2654 0.2710
April 0.2743 0.2703 0.2719
May 0.2747 0.2724 0.2740
June 0.2763 0.2729 0.2749
July 0.3606 0.2740 0.2785
August 0.5389 0.3770 0.4923
September 0.5729 0.5272 0.5519
October 0.5836 0.5664 0.5751
November 0.6042 0.5743 0.5860
December 0.6117 0.5944 0.6056