2024 SDG to ETB Historical Review

YEARLY HIGH

0.2127 ETB

YEARLY LOW

0.0930 ETB

YEARLY AVERAGE

0.1374 ETB

2024 SDG to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2127. Conversely, the yearly low was recorded on January 7, dropping to 0.0930.

This high-to-low spread represents a total annual volatility of 0.1197 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0939 to the December average rate of 0.2105, the exchange rate registered a net change of 124.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2127 was up 108.19% compared to the 2023 peak of 0.1022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,063 ETB

2023 Average 459 ETB

Yearly Trough Low 465 ETB

Transaction Impact: A difference of 598.39 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2222

0.0822

JanuMarcMayJulySeptNove

SDG 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 0.0956, compared to 0.1793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0837 points.

H1 Avg (Jan–Jun) 0.0956

H2 Avg (Jul–Dec) 0.1793

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0564 ETB (High: 0.1874 / Low: 0.1310). On the other end, January was the most stable month, with a tight range of 0.0012 ETB (High: 0.0942 / Low: 0.0930).

August Spread (Volatile) ±0.0564

January Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0013 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2105) against the same month in 2023 (average: 0.0934), the exchange rate shifted by +0.1171 (+125.32%).

2024 Avg (December) 0.2105

2023 Avg (December) 0.0934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0942	0.0930	0.0939
February	0.0951	0.0937	0.0942
March	0.0972	0.0938	0.0956
April	0.0982	0.0947	0.0970
May	0.1003	0.0949	0.0957
June	0.0986	0.0955	0.0969
July	0.1254	0.0955	0.0979
August	0.1874	0.1310	0.1711
September	0.1993	0.1836	0.1920
October	0.2028	0.1968	0.2001
November	0.2102	0.1994	0.2038
December	0.2127	0.2064	0.2105