2024 KZT to ETB Historical Review

YEARLY HIGH

0.2515 ETB

YEARLY LOW

0.1194 ETB

YEARLY AVERAGE

0.1730 ETB

2024 KZT to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.2515. Conversely, the yearly low was recorded on July 9, dropping to 0.1194.

This high-to-low spread represents a total annual volatility of 0.1320 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1249 to the December average rate of 0.2431, the exchange rate registered a net change of 94.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2515 was up 101.50% compared to the 2023 peak of 0.1248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,257 ETB

2023 Average 600 ETB

Yearly Trough Low 597 ETB

Transaction Impact: A difference of 660.22 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2602

0.1101

JanuMarcMayJulySeptNove

KZT 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 0.1267, compared to 0.2193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0926 points.

H1 Avg (Jan–Jun) 0.1267

H2 Avg (Jul–Dec) 0.2193

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0685 ETB (High: 0.2347 / Low: 0.1662). On the other end, March was the most stable month, with a tight range of 0.0022 ETB (High: 0.1272 / Low: 0.1251).

August Spread (Volatile) ±0.0685

March Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0038 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2469) against the same month in 2023 (average: 0.1204), the exchange rate shifted by +0.1265 (+105.13%).

2024 Avg (November) 0.2469

2023 Avg (November) 0.1204

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1270	0.1229	0.1249
February	0.1268	0.1234	0.1256
March	0.1272	0.1251	0.1263
April	0.1298	0.1266	0.1276
May	0.1306	0.1282	0.1296
June	0.1287	0.1222	0.1261
July	0.1589	0.1194	0.1226
August	0.2347	0.1662	0.2149
September	0.2495	0.2290	0.2404
October	0.2506	0.2444	0.2476
November	0.2515	0.2426	0.2469
December	0.2487	0.2374	0.2431