2024 YER to ETB Historical Review

YEARLY HIGH

0.5120 ETB

YEARLY LOW

0.2232 ETB

YEARLY AVERAGE

0.3289 ETB

2024 YER to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5120. Conversely, the yearly low was recorded on January 7, dropping to 0.2232.

This high-to-low spread represents a total annual volatility of 0.2888 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2254 to the December average rate of 0.5064, the exchange rate registered a net change of 124.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5120 was up 126.74% compared to the 2023 peak of 0.2258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,560 ETB

2023 Average 1,094 ETB

Yearly Trough Low 1,116 ETB

Transaction Impact: A difference of 1,444.00 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5345

0.1973

JanuMarcMayJulySeptNove

YER 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 0.2274, compared to 0.4305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2031 points.

H1 Avg (Jan–Jun) 0.2274

H2 Avg (Jul–Dec) 0.4305

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1365 ETB (High: 0.4513 / Low: 0.3148). On the other end, March was the most stable month, with a tight range of 0.0025 ETB (High: 0.2274 / Low: 0.2250).

August Spread (Volatile) ±0.1365

March Spread (Stable) ±0.0025

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: 0.5064) against the same month in 2023 (average: 0.2244), the exchange rate shifted by +0.2820 (+125.65%).

2024 Avg (December) 0.5064

2023 Avg (December) 0.2244

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2262	0.2232	0.2254
February	0.2282	0.2248	0.2262
March	0.2274	0.2250	0.2266
April	0.2299	0.2260	0.2273
May	0.2301	0.2275	0.2291
June	0.2308	0.2279	0.2297
July	0.3013	0.2289	0.2327
August	0.4513	0.3148	0.4111
September	0.4788	0.4412	0.4613
October	0.4873	0.4728	0.4808
November	0.5060	0.4791	0.4906
December	0.5120	0.4970	0.5064