2024 SOS to ETB Historical Review

YEARLY HIGH

0.2238 ETB

YEARLY LOW

0.0980 ETB

YEARLY AVERAGE

0.1441 ETB

2024 SOS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2238. Conversely, the yearly low was recorded on January 7, dropping to 0.0980.

This high-to-low spread represents a total annual volatility of 0.1258 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0988 to the December average rate of 0.2217, the exchange rate registered a net change of 124.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2238 was up 126.55% compared to the 2023 peak of 0.0988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,119 ETB

2023 Average 481 ETB

Yearly Trough Low 490 ETB

Transaction Impact: A difference of 629.05 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2339

0.0865

JanuMarcMayJulySeptNove

SOS 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 0.0996, compared to 0.1885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0889 points.

H1 Avg (Jan–Jun) 0.0996

H2 Avg (Jul–Dec) 0.1885

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0593 ETB (High: 0.1974 / Low: 0.1380). On the other end, March was the most stable month, with a tight range of 0.0007 ETB (High: 0.0996 / Low: 0.0989).

August Spread (Volatile) ±0.0593

March Spread (Stable) ±0.0007

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: 0.2217) against the same month in 2023 (average: 0.0982), the exchange rate shifted by +0.1234 (+125.67%).

2024 Avg (December) 0.2217

2023 Avg (December) 0.0982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0990	0.0980	0.0988
February	0.0993	0.0982	0.0990
March	0.0996	0.0989	0.0993
April	0.1004	0.0992	0.0996
May	0.1008	0.0998	0.1004
June	0.1011	0.0998	0.1006
July	0.1321	0.1003	0.1020
August	0.1974	0.1380	0.1804
September	0.2097	0.1931	0.2021
October	0.2136	0.2073	0.2106
November	0.2212	0.2101	0.2145
December	0.2238	0.2175	0.2217