2024 ETB to STD Historical Review

YEARLY HIGH

398.6626 STD

YEARLY LOW

174.1799 STD

YEARLY AVERAGE

307.2912 STD

2024 ETB to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 398.6626. Conversely, the yearly low was recorded on December 31, dropping to 174.1799.

This high-to-low spread represents a total annual volatility of 224.4827 STD. From a start-to-finish perspective, comparing the January average rate of 394.8975 to the December average rate of 175.9535, the exchange rate registered a net change of -55.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 398.6626 was down 7.27% compared to the 2023 peak of 429.9313, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,993,313 STD

2023 Average 2,064,039 STD

Yearly Trough Low 870,900 STD

Transaction Impact: A difference of 1,122,413.67 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

416.7919

154.0591

JanuMarcMayJulySeptNove

ETB to STD 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 391.4800, compared to 223.1024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 168.3777 points.

H1 Avg (Jan–Jun) 391.4800

H2 Avg (Jul–Dec) 223.1024

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 93.5333 STD (High: 388.9500 / Low: 295.4166). On the other end, May was the most stable month, with a tight range of 4.0989 STD (High: 391.1375 / Low: 387.0386).

July Spread (Volatile) ±93.5333

May Spread (Stable) ±4.0989

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 164.0715 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -164.0715

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 394.8975) against the same month in 2023 (average: 425.5317), the exchange rate shifted by -30.6341 (-7.20%).

2024 Avg (January) 394.8975

2023 Avg (January) 425.5317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	398.6626	393.3956	394.8975
February	395.9929	390.0316	393.5040
March	395.5631	391.3307	392.7557
April	393.6321	387.2957	391.5740
May	391.1375	387.0386	388.6651
June	390.5142	385.5719	387.4839
July	388.9500	295.4166	383.3759
August	282.7161	197.6306	219.3044
September	201.7377	185.9053	193.0915
October	188.2469	182.6642	185.1234
November	185.7612	176.2003	181.7655
December	179.4637	174.1799	175.9535

2024 ETB నుండి STD చారిత్రక సమీక్ష