2024 JOD to ETB Historical Review

YEARLY HIGH

180.3780 ETB

YEARLY LOW

78.7868 ETB

YEARLY AVERAGE

116.1109 ETB

2024 JOD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 180.3780. Conversely, the yearly low was recorded on January 7, dropping to 78.7868.

This high-to-low spread represents a total annual volatility of 101.5911 ETB. From a start-to-finish perspective, comparing the January average rate of 79.5357 to the December average rate of 178.5620, the exchange rate registered a net change of 124.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 180.3780 was up 126.80% compared to the 2023 peak of 79.5312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 901,890 ETB

2023 Average 385,954 ETB

Yearly Trough Low 393,934 ETB

Transaction Impact: A difference of 507,955.73 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

188.4646

69.6331

JanuMarcMayJulySeptNove

JOD 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 80.2847, compared to 151.9372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 71.6525 points.

H1 Avg (Jan–Jun) 80.2847

H2 Avg (Jul–Dec) 151.9372

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 47.8783 ETB (High: 159.0866 / Low: 111.2083). On the other end, May was the most stable month, with a tight range of 0.8284 ETB (High: 81.2103 / Low: 80.3819).

August Spread (Volatile) ±47.8783

May Spread (Stable) ±0.8284

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: 178.5620) against the same month in 2023 (average: 79.1601), the exchange rate shifted by +99.4019 (+125.57%).

2024 Avg (December) 178.5620

2023 Avg (December) 79.1601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	79.8417	78.7868	79.5357
February	80.5530	79.3404	79.8547
March	80.3196	79.4602	80.0269
April	81.1793	79.8500	80.2825
May	81.2103	80.3819	80.8779
June	81.5307	80.4875	81.1304
July	106.4273	80.8340	82.1933
August	159.0866	111.2083	145.2116
September	169.1204	155.8478	162.9408
October	172.0726	167.0168	169.8271
November	178.2845	169.1562	172.8883
December	180.3780	175.0919	178.5620