YEARLY HIGH
1.0775 ETB
YEARLY LOW
0.4708 ETB
YEARLY AVERAGE
0.6933 ETB

2024 VUV to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VUV to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.0775. Conversely, the yearly low was recorded on January 7, dropping to 0.4708.

This high-to-low spread represents a total annual volatility of 0.6067 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4753 to the December average rate of 1.0667, 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 1.0775 was up 126.72% compared to the 2023 peak of 0.4753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,388 ETB
2023 Average 2,307 ETB
Yearly Trough Low 2,354 ETB
Transaction Impact: A difference of 3,033.67 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1259
0.4161
JanuMarcMayJulySeptNove

VUV 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 0.4794, compared to 0.9072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4278 points.

H1 Avg (Jan–Jun) 0.4794
H2 Avg (Jul–Dec) 0.9072

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2858 ETB (High: 0.9497 / Low: 0.6638). On the other end, May was the most stable month, with a tight range of 0.0051 ETB (High: 0.4849 / Low: 0.4798).

August Spread (Volatile) ±0.2858
May Spread (Stable) ±0.0051

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: 1.0667) against the same month in 2023 (average: 0.4730), the exchange rate shifted by +0.5937 (+125.51%).

2024 Avg (December) 1.0667
2023 Avg (December) 0.4730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4771 0.4708 0.4753
February 0.4812 0.4739 0.4769
March 0.4796 0.4745 0.4779
April 0.4846 0.4768 0.4793
May 0.4849 0.4798 0.4829
June 0.4868 0.4806 0.4844
July 0.6353 0.4825 0.4907
August 0.9497 0.6638 0.8668
September 1.0095 0.9303 0.9726
October 1.0275 0.9970 1.0139
November 1.0652 1.0103 1.0327
December 1.0775 1.0458 1.0667