2017 AZN to ETB Historical Review

YEARLY HIGH

16.2904 ETB

YEARLY LOW

11.6209 ETB

YEARLY AVERAGE

13.9506 ETB

2017 AZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 16.2904. Conversely, the yearly low was recorded on January 28, dropping to 11.6209.

This high-to-low spread represents a total annual volatility of 4.6695 ETB. From a start-to-finish perspective, comparing the January average rate of 12.1792 to the December average rate of 16.1200, the exchange rate registered a net change of 32.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.2904 was up 10.64% compared to the 2016 peak of 14.7240, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,452 ETB

2016 Average 68,183 ETB

Yearly Trough Low 58,104 ETB

Transaction Impact: A difference of 23,347.56 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.5140

11.7852

JanuMarcMayJulySeptNove

AZN 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 13.0914, compared to 14.8099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7185 points.

H1 Avg (Jan–Jun) 13.0914

H2 Avg (Jul–Dec) 14.8099

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 2.2910 ETB (High: 16.1024 / Low: 13.8114). On the other end, November was the most stable month, with a tight range of 0.2360 ETB (High: 16.1732 / Low: 15.9372).

October Spread (Volatile) ±2.2910

November Spread (Stable) ±0.2360

Growth Streaks & Declines

Trends

Between June and December, 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 May and June, when the average rate fell by 0.0161 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 16.1200) against the same month in 2016 (average: 12.6390), the exchange rate shifted by +3.4809 (+27.54%).

2017 Avg (December) 16.1200

2016 Avg (December) 12.6390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5403	11.6209	12.1792
February	12.9178	11.6300	12.4275
March	13.4136	12.6331	13.0967
April	13.7687	13.2402	13.5596
May	13.8152	13.4681	13.6507
June	13.7629	13.5099	13.6346
July	13.8996	13.5844	13.7640
August	13.9434	13.6392	13.7773
September	14.0275	13.7177	13.8565
October	16.1024	13.8114	15.2661
November	16.1732	15.9372	16.0757
December	16.2904	15.9386	16.1200