2024 USD to EUR Historical Review

YEARLY HIGH

0.9662 EUR

YEARLY LOW

0.8927 EUR

YEARLY AVERAGE

0.9243 EUR

2024 USD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the USD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9662. Conversely, the yearly low was recorded on August 23, dropping to 0.8927.

This high-to-low spread represents a total annual volatility of 0.0735 EUR. From a start-to-finish perspective, comparing the January average rate of 0.9166 to the December average rate of 0.9549, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9662 was up 1.15% compared to the 2023 peak of 0.9552, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,831 EUR

2023 Average 4,620 EUR

Yearly Trough Low 4,463 EUR

Transaction Impact: A difference of 367.68 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9604

0.8946

JanuMarcMayJulySeptNove

USD to EUR 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 0.9249, compared to 0.9237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.9249

H2 Avg (Jul–Dec) 0.9237

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0453 EUR (High: 0.9599 / Low: 0.9146). On the other end, March was the most stable month, with a tight range of 0.0137 EUR (High: 0.9267 / Low: 0.9130).

November Spread (Volatile) ±0.0453

March Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0141 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9549) against the same month in 2023 (average: 0.9155), the exchange rate shifted by +0.0394 (+4.30%).

2024 Avg (December) 0.9549

2023 Avg (December) 0.9155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9255	0.9061	0.9166
February	0.9338	0.9196	0.9264
March	0.9267	0.9130	0.9199
April	0.9415	0.9206	0.9327
May	0.9330	0.9184	0.9248
June	0.9363	0.9168	0.9292
July	0.9314	0.9140	0.9213
August	0.9271	0.8927	0.9072
September	0.9082	0.8936	0.9001
October	0.9276	0.9038	0.9177
November	0.9599	0.9146	0.9410
December	0.9662	0.9446	0.9549