YEARLY HIGH
0.4003 ETB
YEARLY LOW
0.3346 ETB
YEARLY AVERAGE
0.3526 ETB

2017 AFN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.4003. Conversely, the yearly low was recorded on February 7, dropping to 0.3346.

This high-to-low spread represents a total annual volatility of 0.0658 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3381 to the December average rate of 0.3952, the exchange rate registered a net change of 16.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4003 was up 17.15% compared to the 2016 peak of 0.3417, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,002 ETB
2016 Average 1,612 ETB
Yearly Trough Low 1,673 ETB
Transaction Impact: A difference of 328.88 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4038
0.3321
JanuMarcMayJulySeptNove

AFN 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 0.3391, compared to 0.3660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0269 points.

H1 Avg (Jan–Jun) 0.3391
H2 Avg (Jul–Dec) 0.3660

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0564 ETB (High: 0.4003 / Low: 0.3439). On the other end, July was the most stable month, with a tight range of 0.0043 ETB (High: 0.3422 / Low: 0.3379).

October Spread (Volatile) ±0.0564
July Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0026 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.3788) against the same month in 2016 (average: 0.3370), the exchange rate shifted by +0.0418 (+12.41%).

2017 Avg (October) 0.3788
2016 Avg (October) 0.3370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3413 0.3356 0.3381
February 0.3422 0.3346 0.3393
March 0.3437 0.3380 0.3408
April 0.3417 0.3362 0.3390
May 0.3424 0.3365 0.3383
June 0.3424 0.3362 0.3392
July 0.3422 0.3379 0.3404
August 0.3441 0.3368 0.3409
September 0.3452 0.3404 0.3429
October 0.4003 0.3439 0.3788
November 0.3998 0.3943 0.3978
December 0.3981 0.3929 0.3952