2024 XDR to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XDR to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XDR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 167.6847. Conversely, the yearly low was recorded on February 3, dropping to 74.5572.
This high-to-low spread represents a total annual volatility of 93.1274 ETB. From a start-to-finish perspective, comparing the January average rate of 75.3437 to the December average rate of 166.1058, the exchange rate registered a net change of 120.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 167.6847 was up 121.85% compared to the 2023 peak of 75.5847, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XDR to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 75.4627, compared to 143.2780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 67.8154 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 47.1447 ETB (High: 151.7827 / Low: 104.6380). On the other end, January was the most stable month, with a tight range of 0.7147 ETB (High: 75.6601 / Low: 74.9454).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2943 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 166.1058) against the same month in 2023 (average: 74.8965), the exchange rate shifted by +91.2093 (+121.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.6601 | 74.9454 | 75.3437 |
| February | 75.4945 | 74.5572 | 75.1554 |
| March | 75.8958 | 74.9342 | 75.4469 |
| April | 75.5486 | 74.6629 | 75.1526 |
| May | 76.0640 | 75.0837 | 75.7779 |
| June | 76.3042 | 75.4634 | 75.8994 |
| July | 100.0820 | 75.4647 | 77.0351 |
| August | 151.7827 | 104.6380 | 137.5468 |
| September | 162.0043 | 148.4578 | 155.7836 |
| October | 163.7465 | 158.5639 | 161.1552 |
| November | 165.2383 | 159.7773 | 162.0417 |
| December | 167.6847 | 163.4161 | 166.1058 |