2024 LBP to ETB Historical Review

YEARLY HIGH

0.0038 ETB

YEARLY LOW

0.0006 ETB

YEARLY AVERAGE

0.0014 ETB

2024 LBP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0038. Conversely, the yearly low was recorded on March 8, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0032 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0014, the exchange rate registered a net change of -62.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0038 was down 89.38% compared to the 2023 peak of 0.0356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 ETB

2023 Average 34 ETB

Yearly Trough Low 3 ETB

Transaction Impact: A difference of 15.75 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0041

0.0003

JanuMarcMayJulySeptNove

LBP 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 0.0015, compared to 0.0012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0015

H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0031 ETB (High: 0.0038 / Low: 0.0006). On the other end, March was the most stable month, with a tight range of 0.0000 ETB (High: 0.0006 / Low: 0.0006).

February Spread (Volatile) ±0.0031

March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0023 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0029) against the same month in 2023 (average: 0.0093), the exchange rate shifted by -0.0064 (-68.66%).

2024 Avg (February) 0.0029

2023 Avg (February) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0038	0.0037	0.0038
February	0.0038	0.0006	0.0029
March	0.0006	0.0006	0.0006
April	0.0006	0.0006	0.0006
May	0.0006	0.0006	0.0006
June	0.0006	0.0006	0.0006
July	0.0008	0.0006	0.0007
August	0.0013	0.0009	0.0011
September	0.0013	0.0012	0.0013
October	0.0014	0.0013	0.0013
November	0.0014	0.0013	0.0014
December	0.0014	0.0014	0.0014