2024 LRD to ETB Historical Review

YEARLY HIGH

0.7089 ETB

YEARLY LOW

0.2924 ETB

YEARLY AVERAGE

0.4319 ETB

2024 LRD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.7089. Conversely, the yearly low was recorded on March 23, dropping to 0.2924.

This high-to-low spread represents a total annual volatility of 0.4165 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2983 to the December average rate of 0.7013, the exchange rate registered a net change of 135.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7089 was up 101.70% compared to the 2023 peak of 0.3515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,545 ETB

2023 Average 1,574 ETB

Yearly Trough Low 1,462 ETB

Transaction Impact: A difference of 2,082.39 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7420

0.2542

JanuMarcMayJulySeptNove

LRD 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 0.2964, compared to 0.5675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2711 points.

H1 Avg (Jan–Jun) 0.2964

H2 Avg (Jul–Dec) 0.5675

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1748 ETB (High: 0.5780 / Low: 0.4032). On the other end, June was the most stable month, with a tight range of 0.0027 ETB (High: 0.2973 / Low: 0.2946).

August Spread (Volatile) ±0.1748

June Spread (Stable) ±0.0027

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 0.0025 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7013) against the same month in 2023 (average: 0.2984), the exchange rate shifted by +0.4030 (+135.06%).

2024 Avg (December) 0.7013

2023 Avg (December) 0.2984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2996	0.2959	0.2983
February	0.3005	0.2960	0.2973
March	0.2964	0.2924	0.2948
April	0.3024	0.2935	0.2952
May	0.2974	0.2945	0.2962
June	0.2973	0.2946	0.2963
July	0.3860	0.2937	0.2989
August	0.5780	0.4032	0.5264
September	0.6159	0.5656	0.5905
October	0.6354	0.6108	0.6247
November	0.7061	0.6255	0.6632
December	0.7089	0.6868	0.7013