2024 SLL to ETB Historical Review

YEARLY HIGH

0.0061 ETB

YEARLY LOW

0.0027 ETB

YEARLY AVERAGE

0.0039 ETB

2024 SLL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0061. Conversely, the yearly low was recorded on January 7, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0034 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0060, the exchange rate registered a net change of 124.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0061 was up 95.63% compared to the 2023 peak of 0.0031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 ETB

2023 Average 14 ETB

Yearly Trough Low 13 ETB

Transaction Impact: A difference of 17.18 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0064

0.0024

JanuMarcMayJulySeptNove

SLL 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 0.0027, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0027

H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0016 ETB (High: 0.0054 / Low: 0.0038). On the other end, May was the most stable month, with a tight range of 0.0000 ETB (High: 0.0027 / Low: 0.0027).

August Spread (Volatile) ±0.0016

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0060) against the same month in 2023 (average: 0.0027), the exchange rate shifted by +0.0034 (+125.51%).

2024 Avg (December) 0.0060

2023 Avg (December) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0027	0.0027	0.0027
February	0.0027	0.0027	0.0027
March	0.0027	0.0027	0.0027
April	0.0027	0.0027	0.0027
May	0.0027	0.0027	0.0027
June	0.0028	0.0027	0.0027
July	0.0036	0.0027	0.0028
August	0.0054	0.0038	0.0049
September	0.0057	0.0053	0.0055
October	0.0058	0.0056	0.0057
November	0.0060	0.0057	0.0058
December	0.0061	0.0059	0.0060