YEARLY HIGH
0.1421 ETB
YEARLY LOW
0.0621 ETB
YEARLY AVERAGE
0.0915 ETB

2024 KPW to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KPW to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1421. Conversely, the yearly low was recorded on January 7, dropping to 0.0621.

This high-to-low spread represents a total annual volatility of 0.0800 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0627 to the December average rate of 0.1407, the exchange rate registered a net change of 124.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1421 was up 126.72% compared to the 2023 peak of 0.0627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 711 ETB
2023 Average 304 ETB
Yearly Trough Low 311 ETB
Transaction Impact: A difference of 400.18 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1485
0.0549
JanuMarcMayJulySeptNove

KPW 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 0.0632, compared to 0.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0564 points.

H1 Avg (Jan–Jun) 0.0632
H2 Avg (Jul–Dec) 0.1197

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0377 ETB (High: 0.1253 / Low: 0.0876). On the other end, May was the most stable month, with a tight range of 0.0007 ETB (High: 0.0640 / Low: 0.0633).

August Spread (Volatile) ±0.0377
May Spread (Stable) ±0.0007

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: 0.1407) against the same month in 2023 (average: 0.0624), the exchange rate shifted by +0.0783 (+125.51%).

2024 Avg (December) 0.1407
2023 Avg (December) 0.0624

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0629 0.0621 0.0627
February 0.0635 0.0625 0.0629
March 0.0633 0.0626 0.0630
April 0.0639 0.0629 0.0632
May 0.0640 0.0633 0.0637
June 0.0642 0.0634 0.0639
July 0.0838 0.0637 0.0647
August 0.1253 0.0876 0.1143
September 0.1332 0.1227 0.1283
October 0.1355 0.1315 0.1337
November 0.1405 0.1333 0.1362
December 0.1421 0.1380 0.1407