YEARLY HIGH
21.7973 ETB
YEARLY LOW
16.6166 ETB
YEARLY AVERAGE
18.4969 ETB

2017 CAD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CAD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 21.7973. Conversely, the yearly low was recorded on May 4, dropping to 16.6166.

This high-to-low spread represents a total annual volatility of 5.1806 ETB. From a start-to-finish perspective, comparing the January average rate of 17.0787 to the December average rate of 21.4460, the exchange rate registered a net change of 25.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 21.7973 was up 26.53% compared to the 2016 peak of 17.2272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108,986 ETB
2016 Average 82,478 ETB
Yearly Trough Low 83,083 ETB
Transaction Impact: A difference of 25,903.21 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

21.8987
16.4662
JanuMarcMayJulySeptNove

CAD 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 17.1077, compared to 19.8862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7785 points.

H1 Avg (Jan–Jun) 17.1077
H2 Avg (Jul–Dec) 19.8862

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 3.0481 ETB (High: 21.7707 / Low: 18.7226). On the other end, November was the most stable month, with a tight range of 0.3498 ETB (High: 21.5561 / Low: 21.2063).

October Spread (Volatile) ±3.0481
November Spread (Stable) ±0.3498

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3157 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.3157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 21.4460) against the same month in 2016 (average: 16.7750), the exchange rate shifted by +4.6710 (+27.85%).

2017 Avg (December) 21.4460
2016 Avg (December) 16.7750

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.3770 16.6887 17.0787
February 17.4995 16.9843 17.3008
March 17.1755 16.7411 16.9851
April 17.2826 16.7646 17.0081
May 17.1742 16.6166 16.9189
June 17.8864 17.0025 17.3544
July 18.7386 17.8689 18.2983
August 18.8218 18.2432 18.5109
September 19.4754 18.7815 19.1218
October 21.7707 18.7226 20.5345
November 21.5561 21.2063 21.4057
December 21.7973 21.0670 21.4460