2017 BND to ETB Historical Review

YEARLY HIGH

20.5141 ETB

YEARLY LOW

15.4901 ETB

YEARLY AVERAGE

17.3780 ETB

2017 BND to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 20.5141. Conversely, the yearly low was recorded on January 3, dropping to 15.4901.

This high-to-low spread represents a total annual volatility of 5.0240 ETB. From a start-to-finish perspective, comparing the January average rate of 15.7867 to the December average rate of 20.3237, the exchange rate registered a net change of 28.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 20.5141 was up 24.70% compared to the 2016 peak of 16.4504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,571 ETB

2016 Average 79,128 ETB

Yearly Trough Low 77,450 ETB

Transaction Impact: A difference of 25,120.21 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

20.7774

15.3330

JanuMarcMayJulySeptNove

BND 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 16.2546, compared to 18.5014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2468 points.

H1 Avg (Jan–Jun) 16.2546

H2 Avg (Jul–Dec) 18.5014

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 2.9807 ETB (High: 20.1729 / Low: 17.1921). On the other end, April was the most stable month, with a tight range of 0.2736 ETB (High: 16.4535 / Low: 16.1799).

October Spread (Volatile) ±2.9807

April Spread (Stable) ±0.2736

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 2017: 20.3237) against the same month in 2016 (average: 15.5932), the exchange rate shifted by +4.7304 (+30.34%).

2017 Avg (December) 20.3237

2016 Avg (December) 15.5932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.0750	15.4901	15.7867
February	16.3008	15.8137	16.0348
March	16.4227	15.9320	16.1771
April	16.4535	16.1799	16.3375
May	16.6681	16.3140	16.4965
June	16.8671	16.5588	16.6950
July	17.2095	16.7637	16.9467
August	17.4195	16.9821	17.1484
September	17.5653	17.1932	17.4220
October	20.1729	17.1921	19.0190
November	20.4204	19.9355	20.1488
December	20.5141	20.0249	20.3237