2017 CAD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |