YEARLY HIGH
0.0194 ETB
YEARLY LOW
0.0142 ETB
YEARLY AVERAGE
0.0165 ETB

2017 CDF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CDF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0194. Conversely, the yearly low was recorded on August 2, dropping to 0.0142.

This high-to-low spread represents a total annual volatility of 0.0052 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0173, the exchange rate registered a net change of -6.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0194 was down 20.67% compared to the 2016 peak of 0.0244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97 ETB
2016 Average 113 ETB
Yearly Trough Low 71 ETB
Transaction Impact: A difference of 25.95 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0190
0.0143
JanuMarcMayJulySeptNove

CDF 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 0.0170, compared to 0.0160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0170
H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0025 ETB (High: 0.0175 / Low: 0.0149). On the other end, September was the most stable month, with a tight range of 0.0002 ETB (High: 0.0152 / Low: 0.0149).

October Spread (Volatile) ±0.0025
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0186) against the same month in 2016 (average: 0.0229), the exchange rate shifted by -0.0043 (-18.86%).

2017 Avg (January) 0.0186
2016 Avg (January) 0.0229

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0194 0.0179 0.0186
February 0.0183 0.0174 0.0178
March 0.0175 0.0168 0.0171
April 0.0169 0.0163 0.0166
May 0.0165 0.0161 0.0163
June 0.0162 0.0155 0.0159
July 0.0156 0.0142 0.0150
August 0.0152 0.0142 0.0147
September 0.0152 0.0149 0.0151
October 0.0175 0.0149 0.0165
November 0.0176 0.0172 0.0174
December 0.0175 0.0170 0.0173