2024 IDR to ETB Historical Review

YEARLY HIGH

0.0080 ETB

YEARLY LOW

0.0035 ETB

YEARLY AVERAGE

0.0052 ETB

2024 IDR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0080. Conversely, the yearly low was recorded on June 15, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0045 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0079, the exchange rate registered a net change of 118.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0080 was up 115.76% compared to the 2023 peak of 0.0037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 79,996 ETB

2023 Average 35,925 ETB

Yearly Trough Low 34,609 ETB

Transaction Impact: A difference of 45,387.05 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0083

0.0031

JanuMarcMayJulySeptNove

IDR 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 0.0036, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0036

H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0024 ETB (High: 0.0073 / Low: 0.0048). On the other end, February was the most stable month, with a tight range of 0.0001 ETB (High: 0.0036 / Low: 0.0036).

August Spread (Volatile) ±0.0024

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0079) against the same month in 2023 (average: 0.0036), the exchange rate shifted by +0.0043 (+117.32%).

2024 Avg (December) 0.0079

2023 Avg (December) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0036	0.0036
February	0.0036	0.0036	0.0036
March	0.0037	0.0036	0.0036
April	0.0036	0.0035	0.0035
May	0.0036	0.0035	0.0036
June	0.0036	0.0035	0.0035
July	0.0046	0.0035	0.0036
August	0.0073	0.0048	0.0065
September	0.0079	0.0071	0.0075
October	0.0078	0.0076	0.0077
November	0.0080	0.0076	0.0077
December	0.0080	0.0077	0.0079