2024 PLN to ETB Historical Review

YEARLY HIGH

31.4745 ETB

YEARLY LOW

12.2577 ETB

YEARLY AVERAGE

20.6851 ETB

2024 PLN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 31.4745. Conversely, the yearly low was recorded on January 1, dropping to 12.2577.

This high-to-low spread represents a total annual volatility of 19.2168 ETB. From a start-to-finish perspective, comparing the January average rate of 14.0466 to the December average rate of 31.0632, the exchange rate registered a net change of 121.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 31.4745 was up 117.67% compared to the 2023 peak of 14.4595, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 629,490 ETB

2023 Average 261,274 ETB

Yearly Trough Low 245,154 ETB

Transaction Impact: A difference of 384,335.99 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.7649

12.3449

JanuMarcMayJulySeptNove

PLN 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 14.2447, compared to 27.1255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.8808 points.

H1 Avg (Jan–Jun) 14.2447

H2 Avg (Jul–Dec) 27.1255

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 9.6612 ETB (High: 29.4211 / Low: 19.7598). On the other end, February was the most stable month, with a tight range of 0.3516 ETB (High: 14.2769 / Low: 13.9253).

August Spread (Volatile) ±9.6612

February Spread (Stable) ±0.3516

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.3117 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 29.9969) against the same month in 2023 (average: 12.8180), the exchange rate shifted by +17.1790 (+134.02%).

2024 Avg (September) 29.9969

2023 Avg (September) 12.8180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3073	12.2577	14.0466
February	14.2769	13.9253	14.1330
March	14.5184	14.0898	14.3164
April	14.4857	13.8261	14.1773
May	14.6855	14.1673	14.4736
June	14.6623	13.9449	14.3212
July	19.0305	14.3042	14.7671
August	29.4211	19.7598	26.4675
September	31.4745	28.4442	29.9969
October	30.9791	29.6399	30.3848
November	31.0592	29.3956	30.0731
December	31.4434	30.3966	31.0632