YEARLY HIGH
0.0057 ETB
YEARLY LOW
0.0025 ETB
YEARLY AVERAGE
0.0037 ETB

2024 STD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the STD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0057. Conversely, the yearly low was recorded on January 7, dropping to 0.0025.

This high-to-low spread represents a total annual volatility of 0.0032 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0025 to the December average rate of 0.0057, 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 0.0057 was up 126.72% compared to the 2023 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29 ETB
2023 Average 12 ETB
Yearly Trough Low 13 ETB
Transaction Impact: A difference of 16.16 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0060
0.0022
JanuMarcMayJulySeptNove

STD 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 0.0026, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0026
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0015 ETB (High: 0.0051 / Low: 0.0035). On the other end, May was the most stable month, with a tight range of 0.0000 ETB (High: 0.0026 / Low: 0.0026).

August Spread (Volatile) ±0.0015
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: 0.0057) against the same month in 2023 (average: 0.0025), the exchange rate shifted by +0.0032 (+125.51%).

2024 Avg (December) 0.0057
2023 Avg (December) 0.0025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0025 0.0025
February 0.0026 0.0025 0.0025
March 0.0026 0.0025 0.0025
April 0.0026 0.0025 0.0026
May 0.0026 0.0026 0.0026
June 0.0026 0.0026 0.0026
July 0.0034 0.0026 0.0026
August 0.0051 0.0035 0.0046
September 0.0054 0.0050 0.0052
October 0.0055 0.0053 0.0054
November 0.0057 0.0054 0.0055
December 0.0057 0.0056 0.0057